The Chickenshit Club
Why the Justice Department Fails to Prosecute Executives
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Narrated by:
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Jonathan Todd Ross
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By:
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Jesse Eisinger
About this listen
From Pulitzer Prize-winning journalist Jesse Eisinger, a blistering account of corporate greed and impunity and the reckless, often anemic response from the Department of Justice.
Why were no bankers put in prison after the financial crisis of 2008? Why do CEOs seem to commit wrongdoing with impunity? The problem goes beyond banks deemed "too big to fail" to almost every large corporation in America - to pharmaceutical companies and auto manufacturers and beyond.
The Chickenshit Club - an inside reference to prosecutors too scared of failure and too daunted by legal impediments to do their jobs - explains why. A character-driven narrative, the book tells the story from inside the Department of Justice. The complex and richly reported story spans the last decade and a half of prosecutorial fiascos, corporate lobbying, trial losses, and culture shifts that have stripped the government of the will and ability to prosecute top corporate executives.
The book begins in the 1970s, when the government pioneered the notion that top corporate executives, not just seedy crooks, could commit heinous crimes and go to prison. The book travels to trading desks on Wall Street, to corporate boardrooms and the offices of prosecutors and FBI agents. These revealing looks provide context for the evolution of the Justice Department's approach to pursuing corporate criminals through the early 2000s and into the Justice Department of today.
Exposing one of the most important scandals of our time, The Chickenshit Club provides a clear, detailed explanation as to how our Justice Department has come to avoid, bungle, and mismanage the fight to bring these alleged criminals to justice.
©2017 Jesse Eisinger (P)2017 Simon & Schuster AudioListeners also enjoyed...
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- Inside the Mueller Investigation
- By: Andrew Weissmann
- Narrated by: George Newbern, Andrew Weissmann
- Length: 14 hrs and 8 mins
- Unabridged
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In the first and only inside account of the Mueller investigation, one of the special counsel’s most trusted prosecutors breaks his silence on the team’s history-making search for the truth, their painstaking deliberations and costly mistakes, and Trump’s unprecedented efforts to stifle their report.
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Riveting
- By Victoria Eriksson on 10-06-20
By: Andrew Weissmann
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Detroit Resurrected
- To Bankruptcy and Back
- By: Nathan Bomey
- Narrated by: Jonathan Yen
- Length: 9 hrs and 31 mins
- Unabridged
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From thriving Motor City to the largest municipal bankruptcy in American history, Detroit has become the nation's cautionary tale. But what led to the fateful day of the filing, and how did the city survive this crisis? Journalist Nathan Bomey delivers the inside story of Detroit's decline and the people who fought to save it against impossible odds: Governor Rick Snyder, a self-proclaimed nerd; emergency manager Kevyn Orr, a lawyer with singular dedication; Judge Steven Rhodes, the city's conscience; and retirees who fought to ensure that Detroit kept its promises.
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Outsiders Perspective
- By Carl on 02-07-17
By: Nathan Bomey
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None of the Above
- The Untold Story of the Atlanta Public Schools Cheating Scandal, Corporate Greed, and the Criminalization of Educators
- By: Shani Robinson, Anna Simonton
- Narrated by: Lisa Renee Pitts
- Length: 10 hrs and 53 mins
- Unabridged
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An insider’s account of the infamous Atlanta Public Schools cheating scandal that scapegoated black employees for problems caused by an education reform movement that is increasingly a proxy for corporate greed.
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A well constructed story
- By Sumo Steve on 03-21-19
By: Shani Robinson, and others
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The Price of Justice
- A True Story of Greed and Corruption
- By: Laurence Leamer
- Narrated by: Malcolm Hillgartner
- Length: 13 hrs and 23 mins
- Unabridged
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This nonfiction legal thriller traces the 14-year struggle of two lawyers to bring the most powerful coal baron in American history to justice. Don Blankenship, head of Massey Energy since the early 1990s, ran an industry that provides nearly half of America’s electric power. But wealth and influence weren’t enough for Blankenship and his company, as they set about destroying corporate and personal rivals, challenging the Constitution, purchasing the West Virginia judiciary, and willfully disregarding safety standards in the company’s mines - mines in which scores died unnecessarily.
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A good story
- By Mr. on 10-06-13
By: Laurence Leamer
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The Deep State
- How an Army of Bureaucrats Protected Barack Obama and Is Working to Destroy the Trump Agenda
- By: Jason Chaffetz
- Narrated by: Jason Chaffetz
- Length: 7 hrs and 36 mins
- Unabridged
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Former congressman and current Fox News contributor Jason Chaffetz explains how we ended up with a politicized federal bureaucracy that actively works to promote the Democratic Party's agenda and undermine Donald Trump.
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Excellent insight to the dirty dealings of the gov
- By Henwhisperer on 09-26-18
By: Jason Chaffetz
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Big Dirty Money
- The Shocking Injustice and Unseen Cost of White Collar Crime
- By: Jennifer Taub
- Narrated by: Eliza Foss
- Length: 8 hrs and 49 mins
- Unabridged
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How ordinary Americans suffer when the rich and powerful use tax doges or break the law to get richer and more powerful - and how we can stop it. 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 one percent.
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The Loss of Glass-Steagal has led to Cheating
- By Rajiv on 05-23-21
By: Jennifer Taub
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The Corruption Chronicles
- Obama's Big Secrecy, Big Corruption, and Big Government
- By: Tom Fitton
- Narrated by: Jim Meskimen
- Length: 13 hrs and 10 mins
- Unabridged
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Judicial Watch, America's largest nonpartisan government watchdog, has investigated the Clinton, Bush, and Obama administrations. Judicial Watch is the group that helped impeach Bill Clinton and took the Bush White House secrecy all the way up to the Supreme Court. Since the beginning of the Obama administration, this grassroots group has filed over 700 open records demands and dozens of lawsuits, including a successful fight over the secret Obama White House visitor logs.
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Unbelievable
- By Bill Redfield on 01-30-17
By: Tom Fitton
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God's Bankers
- A History of Money and Power at the Vatican
- By: Gerald Posner
- Narrated by: Tom Parks
- Length: 21 hrs and 53 mins
- Unabridged
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From a master chronicler of legal and financial misconduct, a magnificent investigation nine years in the making, this book traces the political intrigue and inner workings of the Catholic Church. Decidedly not about faith, belief in God, or religious doctrine, this audiobook is about the church's accumulation of wealth and its byzantine entanglements with financial markets across the world.
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The book was really good till it wasn't.
- By Dr. JSH on 06-05-16
By: Gerald Posner
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Fooling Some of the People All of the Time
- A Long Short Story
- By: David Einhorn
- Narrated by: L. J. Ganser
- Length: 13 hrs and 20 mins
- Unabridged
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At its most basic level, Allied Capital is the story of Wall Street at its worst. But the story is much bigger than one little-known company. Fooling Some of the People All of the Time is an important call for effective law enforcement, free speech, and fair play.
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where's the epilogue?
- By James Klein on 02-02-11
By: David Einhorn
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The Fall of the House of FIFA
- The Multimillion-Dollar Corruption at the Heart of Global Soccer
- By: David Conn
- Narrated by: Matthew Waterson
- Length: 12 hrs and 40 mins
- Unabridged
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In 2015, FIFA - the multibillion dollar governing body of the world's most-loved sport - was brought down by allegations of industrial-scale bribes, kickbacks, money laundering, racketeering, and tax evasion. Beginning with early morning raids in Zurich and the indictment of 27 executives by the US Department of Justice, the rottenness at the core of FIFA seemed to extend throughout all of soccer, from the decision to send the 2018 and 2022 World Cups to Russia and Qatar to lesser known cases of embezzlement from Trinidad to South Africa.
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quite good
- By kevin m on 12-14-17
By: David Conn
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The Case for Impeachment
- By: Allan J. Lichtman
- Narrated by: Dan Woren
- Length: 6 hrs and 32 mins
- Unabridged
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What are the ranges and limitations of presidential authority? What are the standards of truthfulness that a president must uphold? What will it take to impeach Donald J. Trump? Professor Allan J. Lichtman, who has correctly forecasted 30 years of presidential outcomes, answers these questions, and more, in The Case for Impeachment - a deeply convincing argument for impeaching the 45th president of the United States.
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Every American should read this!
- By Daniel Ballard on 04-24-17
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Beginning in January 2009, The Payoff lays bare Washington’s culture of power and plutocracy. It’s the story of the 20-month struggle by Senator Ted Kaufman and Jeff Connaughton, his chief of staff, to hold Wall Street executives accountable for securities fraud, stop stock manipulation by high-frequency traders, and break up too-big-to-fail megabanks. This book takes us inside their dogged crusade against institutional inertia and industry influence as they encounter an outright reluctance.
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Every American Should Read This
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Insightful, but...
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The Spider Network
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In 2006, an oddball group of bankers, traders and brokers from some of the world's largest financial institutions made a startling realization: Libor - the London interbank offered rate, which determines the interest rates on trillions in loans worldwide - was set daily by a small group of easily manipulated functionaries, and that they could reap huge profits by nudging it to suit their trading portfolios.
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Does anyone "proofread" the audio book?
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Lacks credibility and fact checking
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Every American Should Read This
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Confidence Men
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The hidden history of Wall Street and the White House comes down to a single American concept: confidence. Both centers of power, New York and Washington, learned how to manufacture it - until August 2007, when that confidence began to crumble. Ron Suskind here tells the story of what happened next, as Wall Street struggled to save itself while a man with little experience and soaring rhetoric emerged from obscurity to usher in "a new era of responsibility".
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Insightful, but...
- By Ray on 10-29-11
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The Spider Network
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- By: David Enrich
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Does anyone "proofread" the audio book?
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What listeners say about The Chickenshit Club
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Amazon Customer
- 08-20-19
Nice attempt to tell complicated legal challenges
Very intricate, and intertwined. Like a legal version of Catch-22. Goes back and forth in time, and explores the developments in the Justice Department, Southern District of New York, the courts, and the SEC.
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- J. Beecher
- 03-21-22
Great listen for attorneys in white collar crime
I thoroughly enjoyed this book but I think it would be boring for someone who was not already somewhat familiar with the subject matter. This is a detailed report on the AUSA and SEC investigation and prosecutions of white collar criminals and the key players in that arena for the last 50 or so years. I found the story fascinating and engaging, because I work in this area of the legal profession and I was close to many of the events covered in the book, but I don't think my non-lawyer family and friends would enjoy it. I also disagreed with some of the author's opinions and conclusions, but that doesn't matter - the book was extremely well researched and well written. The story proceeds at a fast pace and includes dozens of interesting characters from white collar criminals to prominent prosecutors and defense attorneys. It's a great read for people in the legal profession.
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- Rick
- 12-15-17
Get ready to become really pissed off
I dare anyone to read this book and come out of it thinking our criminal justice system isn't full of shit. A truly infuriating read.
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3 people found this helpful
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- tetrahymena
- 10-07-18
Makes Perfect Sense to Me
The book asks one question: why won't anyone in the Department of Justice go after the dirty so-and-sos who destroy companies and harm the public for their personal gain? My background in ethology tells me that as primates, we do not like to challenge authorities. The higher on the food chain, the less prone a person should be to prosecution.
This book looks at how such a power structure gets enforced. It looks at how CEOs and owners have used their positions within corporations to influence and rewrite the laws so that they now protect the corporations and their executives from their victims rather than protecting the people from power grabs and greed. It explores the systematic and brutal treatment of members of task forces who have tried to prosecute the most egregious cases and the appointment of judges who favour the companies.
Thank you, Mr. Eisinger, for putting these pieces together so that even someone like me, who is unskilled in economics and the law, can understand this history of the dismantling of our protections and the transfer of power to an ever-shrinking oligarchy.
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5 people found this helpful
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- Amazon Customer
- 07-30-17
Very thorough
Would you say that listening to this book was time well-spent? Why or why not?
On the fence on this one. It had some interesting pieces, but it was like auditing a law school course.
What was the most interesting aspect of this story? The least interesting?
Paul Pelletier and Jed Rakoff were the heros. Interesting characters.
Do you think The Chickenshit Club needs a follow-up book? Why or why not?
It needs an abridged version. Way too long.
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1 person found this helpful
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- Julie Schatz
- 04-05-19
Everyone must read
Everyone must read to understand our justice system. You will be furious at times, but this look inside justice is worth it.
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- L. White
- 10-02-17
If you have a bank account, you need to read this book
Read it and then stop re-electing anyone. We have many to blame including ourselves.
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2 people found this helpful
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- stacy roth-hark
- 09-26-17
Just the Truth!
Would you listen to The Chickenshit Club again? Why?
Nothing but an accurate indictment of the US Attorney's revolving door mentality around this country, the use of corproate money as an income asset of the largest imbedded white shoe law firms who have their grimy hands on the levers of power at Justice, and big business' use of corporate money to grease all the wheels so their theiving corporate executives avoid jail for their stealing, fraud, and fleecing of the 401K small guy stock holder who possesses some type of idiot idea that they are playing in a level playing field toward a safe retirement!
No wonder the right and alt right who are funded by big business are only interested in getting their 'conservative' big business friendly judges on the federal trial and appeals courts around the country!
A MUST READ AS A RESULT.
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1 person found this helpful
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Overall
- Brieux
- 08-16-20
A Tribute to Southern District's struggle!
I just finished this book, it was excellent, a little long and tedious from time to time, but do not recommend it until after the election and on the backside of the pandemic. The reason is simple, we have enough to be pissrd off about without piling this on right now.
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- Robert M.
- 11-03-18
The Facts Are Here
Having lived through the events described in this book, some facts were evident and others obscure. This well researched text illuminates the events and concludes that major transgressions of the law(s) have not been redressed and why. Well worth the time to cover this material. It is important financial history.
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