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Brandon L. Garrett

Too Big to Jail: How Prosecutors Compromise with Corporations

Book Summary

Even though corporations are paying record fines for breaking the ever-growing maze of complex laws, prosecutors rarely punish individuals for their misdeeds. Under the pre-arranged deferred prosecution, tough talking federal prosecutors and state attorneys general hardly ever push corporations to modify their behavior if they do not send executives to jail or ban companies from bidding for government contracts.

Key Topics

  • How does the U.S. legal system view and prosecute corporate offenses?
  • How do corporate wrongdoers negotiate with federal prosecutors?
  • Why will most prosecutions rarely go to court trials?
  • Why did Arthur Andersen choose to go out of business rather than accept a plea bargain?
  • Case studies covering deferred and non-prosecution agreements over the last decade include AIG, Barclays, HSBC, JP Morgan, Siemens, UBS, Wachovia

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