Capital Offenses: Business Crime and Punishment in America's Corporate Age Read Online Free - If “corporations are people too,” why isn’t anyone in jail?
A serious defect in a GM car causes accidents; Enron scams investors out of their money; banks bet on the housing market crash and win. In the race to maximize profits, corporations can behave in ways that are morally outrageous but technically legal.
In Capital Offenses, Samuel Buell draws on the unique pairing of his expertise as a Duke University law professor and his personal experience leading the investigation into Enron—the biggest white-collar crime case in U.S. history—to present an in-depth examination of business crime today
At the heart of it sits the limited liability corporation, simultaneously the bedrock of American prosperity and the reason that white-collar crime is difficult to prosecute—a brilliant legal innovation that, in its modern form, can seem impossible to regulate or even manage. By shielding employees from legal responsibility, the corporation encourages the risk-taking that drives economic growth. But its special legal status and its ever-expanding scale place daunting barriers in the way of federal and local investigators.
Detailing the complex legal frameworks that govern both corporations and the people who carry out their missions, Buell shows that deciphering business crime is rarely black or white. In lucid, thought-provoking prose, he illuminates the depths of the legal issues at stake—delving into fraudulent practices like Ponzi schemes, bad accounting, insider trading, and the art of “loopholing”—showing how every major case and each problem of law further exposes the ambivalence and instability at the core of America’s relationship with its corporations.
An expert in criminal law, Buell masterfully examines the limits of too permissive or overzealous prosecution of business crimes. Capital Offenses invites us to take a fresh look at our legal framework and learn how it can be used to effectively discipline corporations for wrongdoing, without dismantling the corporation.
|Title||:||Capital Offenses: Business Crime and Punishment in America's Corporate Age|
|Number of Pages||:||320 pages|
September 05, 2016
This is a fascinating book that has the capability to amaze and depress at the same time; it looks at the behaviour of corporate America and some of the punishments that it may attract. Prepare, perhaps for heightened blood pressure (the publisher and author accept no responsibility) after readin...
September 30, 2016
I consider this book required reading as it provides the necessary nuance to corporate law. To those who think corporations are evil, this book shows how even good corporations can exhibit the traits you hate (lack of jail time, for example). To those who think corporations should have free reign...
October 27, 2017
An excellent insightful overview of the law of white collar (business) crime by a former federal prosecutor and now university professor. Buell lays out examples of the massive and complex business crimes of our days and explains the pressure on federal prosecutors to go after corporations and cu...
September 25, 2016
I won an ARC from Goodreads Giveaways.
A very thorough presentation of how the law deals with corporations as criminals: when something goes horribly wrong, where does the responsibility lie? As consumers we assume that products of big industries (e.g., auto, food, pharmaceutical, etc) are tested,...