By Mary Kreiner Ramirez,Steven A. Ramirez
In The Case for the company demise Penalty, Mary Kreiner Ramirez and Steven A. Ramirez study the simplest to be had facts in regards to the wrongdoing underlying the monetary difficulty. They exhibit that the govt did not use its strongest legislation enforcement instruments regardless of overwhelming facts of wide-ranging and large-scale fraud on Wall highway earlier than, in the course of, and after the difficulty.
The trend of legal indulgences exposes the onset of a brand new measure of crony capitalism within which the main economically and political strong can devote monetary crimes of monstrous scale with felony and regulatory immunity. a brand new monetary royalty has seized the commanding heights of our financial system via their keep an eye on of trillions in company and person wealth and their skill to dispense patronage. The Case for the company dying Penalty exhibits that this new lawlessness poses a profound danger that urgently calls for political motion and proposes possible measures to revive the rule of thumb of legislation within the monetary sector.
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