The Chickenshit Club: Why the Justice Department Fails to Prosecute Executives
| Author | : | |
| Rating | : | 4.21 (649 Votes) |
| Asin | : | B06XBZFQR2 |
| Format Type | : | |
| Number of Pages | : | 390 Pages |
| Publish Date | : | 2017-10-31 |
| Language | : | English |
DESCRIPTION:
The dirt under the carpet David Wineberg Any book that can definitively answer the question of why no executives have gone to jail for the Financial Crisis deserves our attention. And in this case a Pulitzer Prize. The Chickens--t Club is a fast moving, fly on the wall, disheartening look at the deterioration of the Justice Department and the Securities and Exchange Commission, written sympathetically, thoroughly, but mostly - engagingly. It is a book of superheroes.There are 94 US Attorney offices aroun. A very knowledgeable book by a veteran Wall Street reporter. Enforcement failures in the aftermath of Enron James Comey gave Eisinger the title for his book when he took over as prosecutor for the Southern District of New York under a newly elected George W. Bush. It was composed of prosecutors who were too timid to take a case to court, especially one against individuals.Eisinger says that the very moment Comey gave that speech may have represented the apogee of prosecutorial zeal on the part of the financial enforcement regime. Corporations grew stronger, and court ru. "All the confusing parts of the 2008 meltdown make sense now" according to HistoryMajor. Like a lot of people, I found the 2008 meltdown pretty hard to understand. I knew that some rich and powerful people had done some controversial things, and I knew that the government had given a lot of money to banks and businesses that were "too big to fail", and I knew mortgages were involved somehow. But the whole thing was so complicated, and I don't have 5 hours a day to study financial terminology, so I just shrugged and moved on with my life (which, coinci
It's a surprising story of cowardice and greed that will get your blood boiling all over again.”—William D. It’s also an expansive parable: of righteousness and compromise, overreach and underreach, excess, deceit, greed—the whole American show.”—Bloomberg Businessweek“Smart, deeply sourced, and full of insider tidbits about legal stars like Comey, judge Jed Rakoff, and former SEC chair Mary Jo White.”—Fortune"A well-reported tale"—The Financial Times"That the Wall Street titans
His work has appeared in The New York Times, The Atlantic, and The Washington Post. He lives in Brooklyn with his wife and their daughters. Previously, he was the Wall Street Editor of Conde Nast Portfolio and a columnist for The Wall Street Journal, covering markets and finance. . Jesse Eisinger is a Pulitzer Prize–winning se
The book travels to trading desks on Wall Street, to corporate boardrooms and the offices of prosecutors and F.B.I agents. A character-driven narrative, the book tells the story from inside the Department of Justice. The complex and richly reported story spans the last decade and a half of prosecutorial fiascos, corporate lobbying, trial losses, and culture shifts that have stripped the government of the will and ability to prosecute top corporate executives.The book begins in the 1970s, when the government pioneered the notion that top corporate executives, not just seedy crooks, could commit heinous crimes and go to prison. These revealing looks provide context for the evolution of the Justice Department’s approach to pursuing corporate criminals through the early aughts and into the Justice Department of today.Exposing one of the most important scandals of our time, The Chickenshit Club provides a clear, detailed explanation as to how our Justice Department has come to avoid, bungle, and mismanage the fight to bring these alleged criminals to justice.. From Pulitzer Prize–winning journalist Jesse Eisinger, a blistering account of corporate greed and impunity, and the reckle