We must stop deeming corporations ‘too big to jail’

Good to see this call again in The Hill. The rule of law should be the rule of law.

(From The Hill)

Duke University professor Brandon L. Garrett wrote a book by this title in 2014. His research showed that some corporations considered too economically important to fail instead are allowed to negotiate settlements to avoid any real punishment…

…While many might suspect this government policy was created or accelerated during Republican administrations, professor Garrett’s research instead demonstrates that the preference for DPAs and NPAs started during the Clinton administration and then greatly accelerated during the Obama administration, such as when it approved UBS’ DPA.

Click here for the article.