Ebook Free Too Big to Jail: How Prosecutors Compromise with Corporations
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Too Big to Jail: How Prosecutors Compromise with Corporations
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Review
Garrett's masterful book is as important as it is timely... Too Big to Jail is a cogent, exhaustively researched plea for saner and more equitable legal oversight. (Nomi Prins, The National Memo, 2014-10-3)Perhaps Garrett's most important contribution with this book is his comprehensive data gathering... The author weaves his data together with detailed and compelling narratives of some of the highest-profile corporate cases from the past decade, including the bribery scandal at the German conglomerate Siemens, tax fraud charges against the accounting firm KPMG, and the Massey Energy coal mine explosion. (Bailey Miller, Washington Monthly, Nov-Dec. 2014)In Too Big to Jail, Garrett, a legal scholar who has written a previous book examining DNA exonerations, takes a data-driven approach to the criminal prosecutions of large corporations. By examining the outcomes of prosecutions--and instances in which warranted prosecutions never occur--he shows that current laws aren't adequate to prosecute corporate offenders. (Jessica Pishko, Boston Review, 2014-11-18)VERDICT A well-written, detailed exposé for all audiences (Harry Charles, Library Journal, 2014-11-15)Garrett provides narratives of some of the major cases that keep the reader at the edge of his seat... corporate criminals will always be with us. All future considerations of what to do about them should draw on Brandon Garrett's important work (Lawrence Summers, Financial Times, 2014-11-21)
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About the Author
Brandon L. Garrett is the Justice Thurgood Marshall Distinguished Professor of Law at the University of Virginia School of Law.
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Product details
Hardcover: 384 pages
Publisher: Belknap Press: An Imprint of Harvard University Press (November 3, 2014)
Language: English
ISBN-10: 0674368312
ISBN-13: 978-0674368316
Product Dimensions:
6.5 x 1.2 x 9.5 inches
Shipping Weight: 1.6 pounds
Average Customer Review:
3.7 out of 5 stars
14 customer reviews
Amazon Best Sellers Rank:
#1,003,178 in Books (See Top 100 in Books)
Criminal prosecution of corporations is a bit of a joke. Because these cases are expensive to investigate and try, federal prosecutors are often satisfied to enter into "non-prosecution" deals with lawbreaking corporations so long as the company pays a fine, fires some employees, and adopts a compliance program to keep it out of trouble in the future. In a majority of cases, no corporate officer goes to jail at all. Recidivism is rampant, deals are often kept secret, and prosecutors have no guidelines for evaluating compliance programs."Too Big to Jail" discusses these and other issues. It's an important book, clearly-written and sensible, with good case histories and plenty of data. I liked it but took off one star because the author limited himself to information already in the public record. To penetrate the "black box" of corporate prosecutions (and non-prosecutions), he needed to have candid interviews with prosecutors, defense lawyers, corporate executives, and judges, to get them to talk about the professional incentives and cultures that drive the outcomes in these cases.Prospective readers should know that the book focuses on the fairly esoteric subject of corporate prosecutions. It is not a treatise on white collar law enforcement or the prosecution of individual corporate officers. In addition, the book deals only in passing with DOJ's lame response to the Wall Street scandals of 2007/08. This omission is incredible, given the continuing public outcry over the non-punishment of egregiously corrupt bankers. Finally, prospective readers should also know that "Too Big to Jail" doesn't have enough detail for legal practitioners but probably has too much legal detail for ordinary readers.
This scholarly presentation has collected the available data on corporate prosecutions and when not available the data collected from other efforts he found ways to scour dockets, non-prosecution and deferred prosecution agreements to build a database that is publicly accessible on the internet. He argues for greater transparency in disclosing settlements arranged between counsel, stronger guidelines on sentencing, increased resources for regulators to match the represenation corporations can buy, stronger compliance monitoring when a plea or conviction is made, and more research on what steps really make a difference in changing a corporate culture that has caused corporate missteps before the law.Brandon's recommendations are realistic. Unfortunately, in these times where public sector resources have been dwindling it is hard to imagine how significant reform can be reached without additional major traumatic corporate scandals. The author's efforts are well directed and worth serious consideration by anyone considering the fundamentals for keeping the economy on a level playing field.
An interesting look at corporate "justice" or the lack of it as in reality it shows multinationals and large corporates can offend with impunity and senior executives are safe and able to move on with golden parachutes.
If you like reading and and are like me, you need to know all the details. How did we get to this condition? What was the AG thinking when he gave these Looter Bankers a free pass? How come nobody went to the Big House To Do Time?As Usual the Amazonian Kindle Tribe gives you a good price and makes spending your money so easy. Next thing you know that book is in the Kindle and you are getting the "Whys" and all the details in this well done Kindle Book by Garrett.
Excellent book. It explains how the rich "get away with murder" in America. They violate the laws at will and thumb their noses at the country. They own the prosecutors, who are only interested in getting favorable press by arranging non-prosecutions that in effect let the perpetrators of the crimes get off practically scott-free.This book is well worth reading.
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