Cover: Too Big to Jail: How Prosecutors Compromise with Corporations, from Harvard University PressCover: Too Big to Jail in PAPERBACK

Too Big to Jail

How Prosecutors Compromise with Corporations

Add to Cart

Product Details

PAPERBACK

$22.50 • £18.95 • €20.50

ISBN 9780674659919

Publication Date: 05/09/2016

Trade

384 pages

1 line illustration, 17 graphs, 3 tables

Belknap Press

World

On WNYC’s Brian Lehrer Show, listen to Brandon Garrett discuss why so few big bankers end up in jail:

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.

Recent News

From Our Blog

Jacket, Menander Rhetor. Dionysius of Halicarnassus, Ars Rhetorica, edited and translated by William H. Race, Loeb Classical Library, Harvard University Press

Speech! Speech!

Loeb Classical Library General Editor Jeffrey Henderson introduces four new volumes on oratory and rhetoric. In spring 2019 the Loeb Classical Library significantly expands its coverage in an area central to public life in both Greece and Rome: the theory and practice of formal speech. Already in Homer’s Iliad, heroism required

‘manifold glories of classical Greek and Latin’

The digital Loeb Classical Library (loebclassics.com) extends the founding mission of James Loeb with an interconnected, fully searchable, perpetually growing virtual library of all that is important in Greek and Latin literature.