Still Light Blogging – Top 10 Ways to Fight Corporate Crime
March 10th, 2010 by SocProf and tagged Public Policy, Social Deviance, Social Inequalities, Social Privileges
By Bill Black:
So, what are the top 10 ways?
10. Hire 1,000 FBI agents to investigate corporate and white-collar crime
9. Appoint a chief criminologist at each of the financial regulatory agencies.
8. Fix executive compensation by tying it to long-term corporate performance.
7. Target the top 100 corporate criminals. (It would be interesting to see who would be on the list… Todd Krohn? Any suggestions?
6. Regulate first.
5. Bust up the FBI partnership with the Mortgage Bankers Association.
4. Get rid of Ben Bernanke as chair of the Fed. Replace him with Nobel prize winner Joseph Stiglitz.
3. Get rid of too big to fail.
2. Create a consumer financial protection agency headed by Harvard Law School professor Elizabeth Warren.
1. Fire Treasury Secretary Timothy Geithner, Office of Thrift Supervision chief John Bowman, Fed chief regulator Patrick Parkinson, and Office of the Comptroller of the Currency Chief John Dugan.
Posted in Public Policy, Social Deviance, Social Inequalities, Social Privilege | 1 Comment »
March 22nd, 2010 at 8:56 am
I would defer to Jeffrey Reiman and his “Scoundrel Capitalism” list for the definitive Rogue’s Gallery of corporate offenders:
http://paulsjusticepage.com/RichGetRicher/fraud/chart.htm