The process of bringing criminal charges against corporations which were established by Erick Holder

The process of bringing criminal charges against corporations which were established by Erick Holder

The divide is about the process of bringing criminal charges against corporations which were established by Erick Holder, an official from the White House. “Back in 1999, there seemed to be a minimal desire in the change of the American policy regarding the prosecution of the white-collar crime” (Taibbi, 13). I think during such period the department of justice did not have well-formulated procedures to prosecute those who were involved in corporate crimes. Several cases, therefore, went unchecked, and this could have contributed to severe offense among the large companies.

“Corporation should not be treated leniently because of their artificial nature” (Taibbi, 16). I think that corporations were not receiving a proper charge since they consisted of white-collar criminals who could easily divert court cases. I think the jury was not doing enough to impose charges to corporations and this further intensified crimes in corporations such as banks. Vigorous actions of criminal laws against the corporate criminals could have contributed effectively towards the diversion of the 2008 financial crisis. The public was going to also benefits since the cases were going to be decided from the public interest. Certain corporations always act to defend their culpable employees by trying all the means possible to interfere with court processes.

“The idea of persecuting companies that undermined the attorney-client privilege was an aggressive, solid concept” (Taibbi, 16). I agree with the author since to increase the efficiency of courts to decide on the fate of various cases. I believe that corporations create a divide between the court processes and the prosecution of criminals. When a corporation is not able to provide detailed information, the court is less likely to prosecute the corporate employees. It is hence imperative that an amendment is made on the corporate law cases so that those who interfere with court processes should face charges for such acts.

 

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