The Chickenshit Club by Jesse Eisinger
Why the Justice Department Fails to Prosecute Executives

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With its broad historical scope, Eisinger’s book lacks the juicy, infuriating details of “Chain of Title,”...But for someone familiar with the political landscape of the contemporary United States, Eisinger’s account has the ring of truth.
-NY Times

Synopsis

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 F.B.I agents. These revealing looks provide context for the evolution of the Justice Department’s approach to pursuing corporate criminals through the early aughts 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.
 

About Jesse Eisinger

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Published July 11, 2017 by Simon & Schuster. 400 pages
Genres: Biographies & Memoirs, Business & Economics, Political & Social Sciences, Education & Reference, Law & Philosophy. Non-fiction
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Critic reviews for The Chickenshit Club
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NY Times

Below average
Reviewed by James Kwak on Jul 05 2017

With its broad historical scope, Eisinger’s book lacks the juicy, infuriating details of “Chain of Title,”...But for someone familiar with the political landscape of the contemporary United States, Eisinger’s account has the ring of truth.

Read Full Review of The Chickenshit Club: Why the... | See more reviews from NY Times

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