Incentivizing Injustice: The 2008 Financial Crisis and Prosecutorial Indiscretion

— —

Sari Krieger

Incentivizing Injustice

The 2008 Financial Crisis and Prosecutorial Indiscretion

Sari Krieger

$130

Hardback

Not in-store but you can order this
How long will it take?

Availability Information

We source books from suppliers in Australia and overseas. For books we don't currently have in stock, the time it takes to get them from our suppliers can vary widely - from a few days to a few months - so we check each book with each supplier to determine the expected time it will take to be supplied to us.

We then advise you accordingly. If the time taken to get any book is too long for you, you can let us know and we will cancel or adjust your order, and refund as required.

To find out the anticipated arrival time for specific items prior to ordering, please contact us by phone or email:

Phone +61 2 9264 3111, or 1800 4 BOOKS (1800 4 26657) if outside Sydney:
option 1 Abbey's Bookshop (Crime, History, Science, Kids & more) • info@abbeys.com.au
option 2 Language Book Centre (ESL & Foreign Languages) • language@abbeys.com.au
option 3 Galaxy Bookshop (Sci-fi, Fantasy, Romance, Graphic Novels) • sf@galaxybooks.com.au

QTY:

English

Lexington Books
21 February 2023

Politics & government; Central government policies; Political economy; Banking law

In a time of painful economic and legal inequities, we are still plagued by a gnawing question: Why did no major bank executive face any meaningful consequences for the 2008 financial crisis? Meanwhile, average Americans lost 8.8 million jobs and $19.2 trillion in household wealth, with the crisis’ impacts still reverberating throughout society. Moving beyond the popular narrative that the rich simply play by different rules, Incentivizing Injustice focuses not on the potential perpetrators, but on the powerful prosecutors deciding who faces charges and who goes home with a fine. In the years leading up to the financial crisis, the Justice Department experienced embarrassing losses and moved a deluge of resources away from everything else to fund post-9/11 counterterrorism. White-collar federal prosecutors found themselves working in an overly-cautious and under-funded institution. At the same time, the lure of defense firms had grown much stronger, offering million-dollar partnerships. Prosecutors had every incentive at this time to improve their image by obtaining big fines with banks through settlements, rather than risking complicated litigation, but at what cost to American justice and trust in the rule of law?

By: Sari Krieger
Imprint: Lexington Books
Country of Publication: United States
Dimensions: Height: 237mm, Width: 157mm, Spine: 14mm
Weight: 372g
ISBN: 9781793654496
ISBN 10: 1793654492
Pages: 144
Publication Date: 21 February 2023
Audience: Professional and scholarly , Undergraduate
Format: Hardback
Publisher's Status: Active

List of Figures and Tables Introduction Chapter 1: A Summary of the Crisis Chapter 2: Blue Sky and Beyond Chapter 3: Can a Company Be the Bad Guy? Chapter 4: Justice Department Embarrassments Chapter 5: Settling for Safety Chapter 6: Case Studies from the Crisis: Potential Evidence? Chapter 7: Prosecutors’ Incentives Chapter 8: Alternative Explanations: Money in Politics Chapter 9: Alternative Explanations: Presidential Leadership Style Chapter 10: Alternative Explanations: Cultural Capture Conclusion Bibliography About the Author

Sari Krieger is professor of political science at the University at Albany and the City University of New York.

Reviews for Incentivizing Injustice: The 2008 Financial Crisis and Prosecutorial Indiscretion

Sari Krieger provides a novel analysis of prosecutorial discretion and the disincentives for prosecuting large, high-risk cases in the 2008 crisis. In contrast to conventional arguments, Incentivizing Injustice: The 2008 Financial Crisis and Prosecutorial Indiscretion examines the importance of institutional incentives in providing a robust explanation for the lack of criminalization of major executives, and in doing so, adds to our understanding of societal responses to white-collar and corporate criminality.