Twenty Things You Should Know About Corporate Crime

Crime Without Conviction: The Rise of Deferred and Non Prosecution Agreements

Top Ten Corporate and White Collar Crime Prosecutors

Top 100 False Claims Act Settlements

Top 10 White Collar Crime Defense Lawyers

Top 100 Corporate Criminals of the 1990s

Public Corruption in the United States

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BILL BLACK’S TOP TEN WAYS TO CRACK DOWN ON CORPORATE FINANCIAL CRIME
WASHINGTON, D.C., MARCH 5, 2010

Ninety-five percent of criminologists study blue collar crime.

Five percent study white collar crime.

Of the tiny minority who study white collar crime, ninety five percent focus on the individuals who rip off the corporation.

We are left with a small handful of criminologists – think Edwin Sutherland, John Braithwaite, Gil Geis – who have studied or are studying – corporate crime.

That would be crime by the corporation.

Bill Black is one of the most prominent of those living corporate criminologists.

His specialty – control fraud.

Control fraud is when the CEO of a company uses the corporation as a weapon to commit fraud.

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PATRICK FITZGERALD TO KEYNOTE AT NYU PROSECUTOR CONFERENCE
WASHINGTON, D.C., FEBRUARY 25, 2010

Prosecutors get into nasty conflicts.

Not just with defense counsel.

But with each other.

Think New York Attorney General’s office.

And any of the U.S. Attorneys in New York.

And the Manhattan DA.

Think AUSAs and Main Justice.

Think SEC and Main Justice.

Think district attorneys and state Attorney Generals.

Prosecutors have egos.

Turf battles abound.

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BUGLIOSI, DENNETT WANT BUSH PROSECUTED FOR MURDER
WASHINGTON, D.C., FEBRUARY 25, 2010

In 2008, Charlotte Dennett ran for Attorney General in Vermont.

Dennett’s key campaign pledge – if elected, she would appoint Vincent Bugliosi as a special prosecutor to seek a murder indictment against George W. Bush for the deaths of U.S. soldiers in Iraq.

Bugliosi was the author of The Prosecution of George W. Bush for Murder (Perseus Books, 2008).

He also had an enviable track record as an assistant district attorney in Los Angeles – 105 out of 106 successful felony jury convictions and 21 murder convictions without a loss.

Bugliosi is best known for his 1974 classic Helter Skelter – which documents his successful prosecution of Charles Manson and several other members of the Manson family for the 1969 murders of Hollywood actress Sharon Tate and six others.

Manson was not present at the murder scene.

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THOMAS HAGEMANN, HONEST SERVICES FRAUD AND THE HYPOTHETICALLY INNOCENT CORPORATION
WASHINGTON, D.C., FEBRUARY 19, 2010

Thomas Hagemann is an honest services fraud junkie.

And for honest services fraud junkies, this is an extraordinary time.

In December, the Supreme Court heard appeals of two honest services fraud cases – the Conrad Black case from Illinois and the Bruce

Weyhrauch case from Alaska.

And next week, it will hear a third – the appeal of former Enron CEO Jeffrey Skilling.

Hagemann is a partner at Gardere Wynne in Houston.

He flew up to the hear the Supreme Court arguments in December.

And he’ll be there to hear the arguments in the Skilling case on March 1.

The Court is expected to issue a decision in the honest services fraud cases sometime in June.

for the full story

RAKOFF OBEYS THE SECOND CIRCUIT
WASHINGTON, D.C., FEBRUARY 16, 2010

It’s not that Jed Rakoff lives in fear of the Second Circuit.

It’s just that the Second Circuit is to his court what Hilda was to Rampole – she who must be obeyed.

So, it was on that basis that Judge Rakoff turned down pleas by the New York Times, Bloomberg and Barron’s to unseal a potentially politically explosive case against the Financial Industry Regulatory Authority (FINRA).

The lawsuit – Standard Investment v. FINRA – alleges that FINRA member firms are due more than the $35,000 they received as part of the 2007 merger between National Association of Securities Dealers (NASD) and the regulatory arm of the New York Stock Exchange – a merger that resulted in the creation of FINRA.

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ROBERT BORK, WILLIAM BAXTER AND THE MONOPOLIZATION OF AMERICA
WASHINGTON, D.C., FEBRUARY 13, 2010

You walk into your local convenience store and head to the cold walk-in beer room in the back.

The choice is overwhelming.
Budweiser, Michelob, Bud Light, Busch Light, Stella Artois, Grolsch, Kirin,Tsingtao, Corona, Negra Modelo, Rolling Rock, Widmer, Miller and Coors.

In fact, all of these beers are controlled by two companies.

MillerCoors under the direction of South African Breweries (SAB) and AnheuserBusch In Bev.

Two multinational corporations controlling the beer choices of 300 million Americans.

And it’s not just beer.

One single multinational corporation dominates the world supply of eyeglass stores.

One dominates the milk supply.

Barry Lynn goes down the list of industries.

And he finds a similar story across the board.

for the full story

HENNING ON THE WHITE COLLAR WATCH AT THE NEW YORK TIMES
WASHINGTON, D.C., FEBRUARY 7, 2010

Peter Henning is a professor of law at Wayne State Law School in Detroit.

He teaches courses in white collar crime, corporate law, and professional ethics – among others.

But just recently, Henning started to blog at the New York Times.

He calls it – White Collar Watch.

And he’s raising questions that the white collar world would prefer not to hear.

Like – do deferred and non prosecution agreements do any good?

Or are they just a means for corporations to buy their way out of potential liability?

Well?

We asked Henning last week to answer his own question.

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