The Chickenshit Club why the Justice Department fails to prosecute executives

Why were no bankers put in prison after the financial crisis of 2008? Why do CEOs seem to commit wrongdoing with impunity? The problem goes beyond banks deemed "Too Big to Fail" to almost every large corporation in America -- to pharmaceutical companies and auto manufacturers and beyond. T...

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Main Author: Eisinger, Jesse (Author)
Format: Books Print Book
Language: English
Published: New York : Simon & Schuster, 2017.
Edition: First Simon & Schuster hardcover edition.
Subjects:
Summary: Why were no bankers put in prison after the financial crisis of 2008? Why do CEOs seem to commit wrongdoing with impunity? The problem goes beyond banks deemed "Too Big to Fail" to almost every large corporation in America -- to pharmaceutical companies and auto manufacturers and beyond. The Chickenshit Club -- an inside reference to prosecutors too scared of failure and too daunted by legal impediments to do their jobs -- explains why. A character-driven narrative, the book tells the story from inside the Department of Justice. The story spans the last decade and a half of prosecutorial fiascoes, corporate lobbying, trial losses, and culture shifts that have stripped the government of the will and ability to prosecute top corporate executives. Exposing one of the most important scandals of our time, this book provides an explanation as to how our Justice Department has come to avoid, bungle, and mismanage the fight to bring these alleged criminals to justice.
Physical Description: xxi, 377 pages ; 24 cm
Bibliography: Includes bibliographical references (pages 335-357) and index.
ISBN: 9781501121364
1501121367
Author Notes: Jesse Eisinger is a Pulitzer Prize-winning senior reporter at ProPublica . His work has appeared in The New York Times , The Atlantic , and The Washington Post . Previously, he was the Wall Street Editor of Conde Nast Portfolio and a columnist for The Wall Street Journal , covering markets and finance. He lives in Brooklyn with his wife and their daughters.