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Corporate

Feb. 1, 2017

How to rein in Wall Street's criminal elites

In their new book, "The Case for the Corporate Death Penalty," professors Mary Ramirez and Steven Ramirez discuss how the government failed to use its most powerful law enforcement tools in the wake of the subprime crisis.


An unprecedented breakdown in the rule of law occurred in the United States after the 2008 financial collapse. Myriad large banks settled securities fraud claims for railing to disclose the risks of subprime mortgages they sold to the investing public. In the "The Case for the Corporate Death Penalty," Mary Kreiner Ramirez and Steven A. Ramirez show how the government failed to use its most powerful law enforcement tools, despite overwhelming pro...

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