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Too big to jail : how prosecutors compromise with corporations / Brandon L. Garrett.

Too big to jail : how prosecutors compromise with corporations

Garrett, Brandon, author. (Author).

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    0 current holds with 1 total copies
Location Call Number / Copy Notes Barcode Shelving Location Status Due Date
Main 345.730268 G192t (Text) 31307021620473 Non Fiction Available -

Record details

  • ISBN: 9780674368316 (hardcover)
  • ISBN: 0674368312 (hardcover)
  • Physical Description: 365 pages ; 25 cm
  • Publisher: Cambridge, Massachusetts : The Belknap Press of Harvard University Press, 2014.

Content descriptions

Bibliography, etc. Note:
Includes bibliographical references (pages 307-356) and index.
Formatted Contents Note:
United states vs. Goliath -- The company in the courtroom -- What happens to a prosecution deferred? -- The ostriches -- The victims -- The carrot and the stick -- Enter the monitors -- The constitutional rights of corporations -- Foreign corporate criminals -- The future of corporate prosecutions.
Subject: Corporation law > United States > Criminal provisions.
Tort liability of corporations > United States.
Corporate governance > Law and legislation > United States.
Corporations > Corrupt practices > United States.
Criminal liability of juristic persons > United States.
Prosecution > United States.

Syndetic Solutions - Summary for ISBN Number 9780674368316
Too Big to Jail : How Prosecutors Compromise with Corporations
Too Big to Jail : How Prosecutors Compromise with Corporations
by Garrett, Brandon L.
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Summary

Too Big to Jail : How Prosecutors Compromise with Corporations


American courts routinely hand down harsh sentences to individual convicts, but a very different standard of justice applies to corporations. Too Big to Jail takes readers into a complex, compromised world of backroom deals, for an unprecedented look at what happens when criminal charges are brought against a major company in the United States. Federal prosecutors benefit from expansive statutes that allow an entire firm to be held liable for a crime by a single employee. But when prosecutors target the Goliaths of the corporate world, they find themselves at a huge disadvantage. The government that bailed out corporations considered too economically important to fail also negotiates settlements permitting giant firms to avoid the consequences of criminal convictions. Presenting detailed data from more than a decade of federal cases, Brandon Garrett reveals a pattern of negotiation and settlement in which prosecutors demand admissions of wrongdoing, impose penalties, and require structural reforms. However, those reforms are usually vaguely defined. Many companies pay no criminal fine, and even the biggest blockbuster payments are often greatly reduced. While companies must cooperate in the investigations, high-level employees tend to get off scot-free. The practical reality is that when prosecutors face Hydra-headed corporate defendants prepared to spend hundreds of millions on lawyers, such agreements may be the only way to get any result at all. Too Big to Jail describes concrete ways to improve corporate law enforcement by insisting on more stringent prosecution agreements, ongoing judicial review, and greater transparency.

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