Daily Archives: Jul 29, 2017 at 08:14 am EDT

Book Bits | 29 July 2017

The Chickenshit Club: Why the Justice Department Fails to Prosecute Executives
By Jesse Eisinger
Interview with author via Bloomberg.com
Like many of us, Eisinger was perplexed and even infuriated by the utter lack of prosecution following the great financial crisis and recession. Fraud was rampant, with an obvious paper trail leading to senior management at various banks and brokers. It should have made for winning prosecutions and help top heal society following the crash and recovery. The issue of why white collar criminals are treated with such respect, and afforded rights not available to blue collar criminals gets a thorough review.
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