Why Executives Don’t Go to Prison Anymore

A new book on the U.S. justice system looks at the legal aftermath of the financial crisis, and why it’s easier than ever to get away with corporate crime.

THE “CHICKENSHIT CLUB” is the name former FBI director James Comey, back when he was a U.S. Attorney, bestowed on prosecutors who had never lost in court. The epithet implied that such lawyers lacked the tenacity and courage to roll the dice on tough cases and stick

You're reading a preview, sign up to read more.

More from Fortune

Fortune4 min read
All In The Family
Relatives of Uber’s new CEO have earned entry to tech’s hall of fame with top jobs at Google, Intel, Allen & Co., and beyond.
Fortune3 min read
Betting Long
WE’VE ALL BEEN TOLD TO EAT RIGHT, sleep longer, exercise more. We nod politely, and then many of us go back to our double cheeseburgers, late nights, and long stretches behind a desk. There is the wisdom of the ages, after all, and there is the reali
Fortune10 min read
Is It Time For P&g To Break Up?
Under assault by activist Nelson Peltz, the 180-year-old consumer products giant is confronting its feeble growth. But only radical change can fix its problems.