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The Case for the Corporate Death Penalty: Restoring Law and Order on Wall Street
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A critical examination of the wrongdoing underlying the 2008 financial crisis
An unprecedented breakdown in the rule of law occurred in the United States after the 2008 financial collapse. Bank of America, JPMorgan, Citigroup, Goldman Sachs, and other large banks settled securities fraud claims with the Securities and Exchange Commission for failing to disclose the risks of subprime mortgages they sold to the investing public. But a corporation cannot commit fraud except through human beings...