Capital Offenses
Business Crime and Punishment in America's Corporate Age
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Narrated by:
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LJ Ganser
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By:
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Samuel W. Buell
About this listen
From the lead prosecutor on the Enron investigation, an eye-opening examination of the explosion of American white-collar crime.
If "corporations are people, too", why isn't anyone in jail?
A serious defect in a GM car causes accidents; Enron scams investors out of their money; banks bet on the housing market crash and win. In the race to maximize profits, corporations can behave in ways that are morally outrageous but technically legal.
In Capital Offenses, Samuel Buell draws on the unique pairing of his expertise as a Duke University law professor and his personal experience leading the investigation into Enron - the biggest white-collar crime case in US history - to present an in-depth examination of business crime today.
At the heart of it sits the limited liability corporation, simultaneously the bedrock of American prosperity and the reason that white-collar crime is difficult to prosecute - a brilliant legal innovation that, in its modern form, can seem impossible to regulate or even manage. By shielding employees from legal responsibility, the corporation encourages the risk taking that drives economic growth. But its special legal status and its ever-expanding scale place daunting barriers in the way of federal and local investigators.
Detailing the complex legal frameworks that govern both corporations and the people who carry out their missions, Buell shows that deciphering business crime is rarely black or white. In lucid, thought-provoking prose, he illuminates the depths of the legal issues at stake - delving into fraudulent practices like Ponzi schemes, bad accounting, insider trading, and the art of "loopholing" - showing how every major case and each problem of law further exposes the ambivalence and instability at the core of America's relationship with its corporations.
An expert in criminal law, Buell masterfully examines the limits of too permissive or overzealous prosecution of business crimes. Capital Offenses invites us to take a fresh look at our legal framework and learn how it can be used to effectively discipline corporations for wrongdoing, without dismantling the corporations.
©2016 Samuel W. Buell (P)2016 Audible, Inc.Listeners also enjoyed...
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In Lies the Government Told You, Judge Andrew P. Napolitano reveals how America's freedom, as guaranteed by the US Constitution, has been forfeited by a government more protective of its own power than its obligations to preserve our individual liberties.
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A Must Read America 🇺🇸
- By Jamie Schaible on 05-30-23
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The Wizard of Lies
- Bernie Madoff and the Death of Trust
- By: Diana B. Henriques
- Narrated by: Pam Ward
- Length: 16 hrs
- Unabridged
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Who is Bernie Madoff, and how did he pull off the biggest Ponzi scheme in history? These questions have fascinated people ever since the news broke about the respected New York financier who swindled his friends, relatives, and other investors out of $65 billion. Many have speculated about what must have happened, but no reporter has been able to get the full story - until now. Diana B. Henriques of the New York Times has written the definitive book on the man and his scheme.
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The best of 3 madoff books
- By Angela willis on 03-18-13
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Why Wall Street Matters
- By: William D. Cohan
- Narrated by: Rob Shapiro
- Length: 4 hrs and 14 mins
- Unabridged
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William D. Cohan is no knee-jerk advocate for Wall Street and the big banks. He's one of America's most respected financial journalists and the progressive best-selling author of House of Cards. He has long been critical of the bad behavior that plagued much of Wall Street in the years leading up to the 2008 financial crisis, and because he spent 17 years as an investment banker on Wall Street, he is an expert on its inner workings as well.
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An Inch Deep and A Mile Wide
- By Doug Sheridan on 04-26-17
By: William D. Cohan
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The Hellhound of Wall Street
- How Ferdinand Pecora's Investigation of the Great Crash Forever Changed American Finance
- By: Michael Perino
- Narrated by: George K. Wilson
- Length: 14 hrs and 34 mins
- Unabridged
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In The Hellhound of Wall Street, Michael Perino recounts in riveting detail the 1933 hearings that put Wall Street on trial for the Great Crash. Never before in American history had so many financial titans been called to account before the public, and they had come within a few weeks of emerging unscathed. By the time Ferdinand Pecora, a Sicilian immigrant and former New York prosecutor, took over as chief counsel, the investigation had dragged on ineffectively for nearly a year and was universally written off as dead....
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Great Story
- By Lynn on 03-22-11
By: Michael Perino
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Locked In
- The True Causes of Mass Incarceration - and How to Achieve Real Reform
- By: John F. Pfaff
- Narrated by: Graham Halstead
- Length: 9 hrs and 8 mins
- Unabridged
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Locked In is a revelatory investigation into the root causes of mass incarceration by one of the most exciting scholars in the country. Having spent 15 years studying the data on imprisonment, John Pfaff takes apart the reigning consensus created by Michelle Alexander and other reformers, revealing that the most widely accepted explanations - the failed War on Drugs, draconian sentencing laws, an increasing reliance on private prisons - tell us much less than we think.
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The true causes of Mass Incarceration
- By Ekaterinya Vladinakova on 04-17-20
By: John F. Pfaff
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Shaky Ground
- The Strange Saga of the US Mortgage Giants
- By: Bethany McLean
- Narrated by: Gabra Zackman
- Length: 3 hrs and 33 mins
- Unabridged
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In 2008 the US Treasury put Fannie Mae and Freddie Mac into a life-support state known as "conservatorship" to prevent their failure - and worldwide economic chaos. The two companies, which were always controversial, have become a battleground. Today, Fannie and Freddie are profitable again but still in conservatorship. Their profits are being redirected toward reducing the federal deficit, which leaves them with no buffer should they suffer losses again.
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Details on the Culture and History of the GSEs
- By Jose on 10-15-15
By: Bethany McLean
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The Great American Stick Up
- Greedy Bankers and the Politicians Who Love Them
- By: Robert Scheer
- Narrated by: Christian Rummel
- Length: 6 hrs and 12 mins
- Unabridged
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Instead of going where other journalists have gone in search of this story - the board rooms and trading floors of the big Wall Street firms - Scheer goes back to Washington, D.C., a veritable crime scene, beginning in the 1980s, where the captains of the finance industry, their lobbyists and allies among leading politicians destroyed an American regulatory system that had been functioning effectively since the era of the New Deal.
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A great telling of an unfortunate part of history
- By Trace on 10-27-20
By: Robert Scheer
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A Capitalism for the People
- Recapturing the Lost Genius of American Prosperity
- By: Luigi Zingales
- Narrated by: Jonathan Davis
- Length: 11 hrs and 20 mins
- Unabridged
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Born in Italy, University of Chicago economist Luigi Zingales witnessed firsthand the consequences of high inflation and unemployment - paired with rampant nepotism and cronyism - on a country’s economy. This experience profoundly shaped his professional interests, and in 1988 he arrived in the United States, armed with a political passion and the belief that economists should not merely interpret the world, but should change it for the better.
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Enjoyable but a tad predictable.
- By Kevin on 12-24-12
By: Luigi Zingales
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Reckless Endangerment
- How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon
- By: Gretchen Morgenson, Joshua Rosner
- Narrated by: L. J. Ganser
- Length: 11 hrs and 57 mins
- Unabridged
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In Reckless Endangerment, Gretchen Morgenson, the star business columnist of The New York Times, exposes how the watchdogs who were supposed to protect the country from financial harm were actually complicit in the actions that finally blew up the American economy.
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Required reading
- By David on 10-24-11
By: Gretchen Morgenson, and others
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Trickle Down Tyranny
- Crushing Obama's Dreams of a Socialist America
- By: Michael Savage
- Narrated by: Pete Larkin
- Length: 10 hrs and 28 mins
- Unabridged
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Trickle Down Tyranny is the single book you need to stop Obama's emerging dictatorship before we lose all of our constitutional, God-given rights. These pages show you the dangerous laws and powergrabs of the Obama administration… and what we can do to stop this leftist gang from seizing another term in office. Obama is transforming us into a second-class nation, with communists and Islamists given free rein to expand their power.
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Brings Clarity to the Obama charade.
- By Mrs. Stolle on 04-05-12
By: Michael Savage
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Reefer Madness
- Sex, Drugs, and Cheap Labor in the American Black Market
- By: Eric Schlosser
- Narrated by: Eric Schlosser
- Length: 9 hrs and 20 mins
- Unabridged
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In Reefer Madness, the best-selling author of Fast Food Nation investigates America's black market and its far-reaching influence on our society through three of its mainstays - pot, porn, and illegal immigrants.
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Great Investigative Journalism
- By Boulderite on 06-25-03
By: Eric Schlosser
What listeners say about Capital Offenses
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Philo
- 09-06-16
An education: wide and deep, yet listenable
Here, as a taste of what this book accomplishes, is the best explanation I have seen of the criminal justice system's response (or non-response) to major banks' conduct surrounding the 2008 crash. There were brow-wrinkling decisions to be made, and this book puts a face on the deciders but more importantly, explores the trade-offs when a JPMorgan or a GMC is a potential defendant. And why are nickel-and-dime drug dealers locked up while execs walk free? It's not as simple a matter as it looks. This author is precisely the person, by experience and by fine writing, to walk us through all this.
As a legal scholar and professor, I have cracked countless books, from texts and treatises to popular works, across the spectrum of legal topics. This is in the very top rank in what it achieves across all categories. We get a very complete survey of issues and problems with criminal justice and its enforcement today. Various nuances in rules are clearly explained, and their effects across the justice system are explored. We see why prosecutors (and the defense bar) do what they do, in better detail and clarity than I have every seen. The author gives meaningful detail, yet uses plain language -- all carefully phrased and edited. (I can readily forgive the very few flat spots where brevity would be better. It is never annoying.) Anyone interested in getting beyond today's mess of attention-grabbing factoids and shallow press reports, to the real concerns and trade-offs in this field, will be rewarded. It is in the careful walk-through of trade-offs, of the upsides and downsides, costs and benefits, of various rules and approaches, the author shines. These are told in treatise fashion at times, and plugged into actual, timely stories of major, familiar scandals and cases. There is rich commentary about the perceived (and actual) differing outcomes between white collar and street crime, rich and poor, that would serve any citizen to know. And the benefits are not limited strictly to criminal law, either; the bulk of the concepts have similarities to other areas of law, as well as interfaces with them.
I surely feel better now addressing classes about the ins and outs of the class differences in the legal world. And I am a better informed citizen to using my vote for the reforms the future asks us to decide on.
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