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The Case for the Corporate Death Penalty : Restoring Law and Order on Wall Street by Mary Kreiner Ramirez and Steven A. Ramirez is a nonfiction available to read on EtoBox.

What is The Case for the Corporate Death Penalty : Restoring Law and Order on Wall Street about?

A critical examination of the wrongdoing underlying the 2008 financial crisis An unprecedented breakdown in the rule of law occurred in the United States after the 2008 financial collapse. Bank of America, JPMorgan, Citigroup, Goldman Sachs, and other large banks settled securities fraud claims with the Securities and Exchange Commission for failing to disclose the risks of subprime mortgages they sold to the investing public. But a corporation cannot commit fraud except through human beings working at and managing the firm. Rather than breaking up these powerful megabanks, essentially imposing a corporate death penalty, the government simply accepted fines that essentially punished innocent shareholders instead of senior leaders at the megabanks. It allowed the real wrongdoers to walk away from criminal responsibility. In The Case for the Corporate Death Penalty , Mary Kreiner Ramirez and Steven A. Ramirez examine the best available evidence about the wrongdoing underlying the financial crisis. They reveal that the government failed to use its most powerful law enforcement tools despite overwhelming proof of wide-ranging and large-scale fraud on Wall Street before, during, and a

Who reads The Case for the Corporate Death Penalty : Restoring Law and Order on Wall Street?

Author

Mary Kreiner Ramirez and Steven A. Ramirez

Publisher

Project Muse, New York University Press

Published

2017

Language

EN

ISBN

9781479878529

Category

nonfiction

Subjects

True Crime, Law, Social Science

Rating

4 / 5 (1 ratings)

Updated

2026-03-14