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Big dirty money : the shocking injustice and unseen cost of white collar crime / Jennifer Taub.

"There is an elite crime spree happening in America, and the privileged perps are getting away with it. Selling loose cigarettes on a city sidewalk can lead to a choke-hold arrest, and death, if you are not among the top 1%. But if you're rich and commit mail, wire, or bank fraud, embezzle pension funds, lie in court, obstruct justice, bribe a public official, launder money, or cheat on your taxes, you're likely to get off scot-free (or even win an election). When caught and convicted, such as for bribing their kids' way into college, high-class criminals make brief stops in minimum security "Club Fed" camps. Operate the scam from the executive suite of a giant corporation, and you can prosper with impunity. Consider Wells Fargo & Co. Pressured by management, employees at the bank opened more than three million bank and credit card accounts without customer consent, and charged late fees and penalties to account holders. When CEO John Stumpf resigned in "shame," the board of directors granted him a $134 million golden parachute. This is not victimless crime. Big Dirty Money details the scandalously common and concrete ways that ordinary Americans suffer when the well-heeled use white collar crime to gain and sustain wealth, social status, and political influence. Profiteers caused the mortgage meltdown and the prescription opioid crisis, they've evaded taxes and deprived communities of public funds for education, public health, and infrastructure. Taub goes beyond the headlines (of which there is no shortage) to track how we got here (essentially a post-Enron failure of prosecutorial muscle, the growth of "too big to jail" syndrome, and a developing implicit immunity of"--

Item Information
Barcode Shelf Location Collection Volume Ref. Branch Status Due Date Res.
C9009235830 364.16 TAU
Adult nonfiction   City Branch . . Available .  
. Catalogue Record 1076715 ItemInfo Beginning of record . Catalogue Record 1076715 ItemInfo Top of page .
Catalogue Information
Field name Details
ISBN 9781984879974
9781984879981
Dewey 364.16
Author Taub, Jennifer author.
Title Big dirty money : the shocking injustice and unseen cost of white collar crime / Jennifer Taub.
Published [New York] : Viking, [2020]
Physical description pages cm.
General note Includes index.
Note Includes bibliographical references (pages 231-283) and index.
Contents note Defining white collar crime -- Harm beyond measure -- Corporate crime waves and crackdowns -- Victims in the shadows -- Mutually assured immunity for the upper class -- Forgiveness for the fortunate -- Whistleblowers and journalists -- A contagion of public corruption -- Suspicious minds -- Tax and punish -- The six fixes.
Summary "There is an elite crime spree happening in America, and the privileged perps are getting away with it. Selling loose cigarettes on a city sidewalk can lead to a choke-hold arrest, and death, if you are not among the top 1%. But if you're rich and commit mail, wire, or bank fraud, embezzle pension funds, lie in court, obstruct justice, bribe a public official, launder money, or cheat on your taxes, you're likely to get off scot-free (or even win an election). When caught and convicted, such as for bribing their kids' way into college, high-class criminals make brief stops in minimum security "Club Fed" camps. Operate the scam from the executive suite of a giant corporation, and you can prosper with impunity. Consider Wells Fargo & Co. Pressured by management, employees at the bank opened more than three million bank and credit card accounts without customer consent, and charged late fees and penalties to account holders. When CEO John Stumpf resigned in "shame," the board of directors granted him a $134 million golden parachute. This is not victimless crime. Big Dirty Money details the scandalously common and concrete ways that ordinary Americans suffer when the well-heeled use white collar crime to gain and sustain wealth, social status, and political influence. Profiteers caused the mortgage meltdown and the prescription opioid crisis, they've evaded taxes and deprived communities of public funds for education, public health, and infrastructure. Taub goes beyond the headlines (of which there is no shortage) to track how we got here (essentially a post-Enron failure of prosecutorial muscle, the growth of "too big to jail" syndrome, and a developing implicit immunity of"--
Subject White collar crimes -- United States
Commercial crimes -- United States
Catalogue Information 1076715 Beginning of record . Catalogue Information 1076715 Top of page .