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Back to To the Point

To the Point

Why Are Big Companies Rarely Ever Punished?

This week, it's been reported that federal prosecutors are about to file criminal charges against two of the world's biggest banks.  But that threat may sound more dramatic in headlines than it will turn out to be in reality. Big corporations are rarely, if ever, punished, and criminal charges against big banks may not be what they seem.

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By Warren Olney • May 12, 2014 • 1 min read

This week, it's been reported that federal prosecutors are about to file criminal charges against two of the world's biggest banks. But that threat may sound more dramatic in headlines than it will turn out to be in reality. Big corporations are rarely, if ever, punished, and criminal charges against big banks may not be what they seem. That's the conclusion of Jesse Eisinger, senior reporter for Pro Publica, whose story on corporate impunity appears in Sunday's New York Times Magazine.

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Warren Olney

    former KCRW broadcaster

  • KCRW placeholder

    Katie Cooper

    Producer, 'One year Later'

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Evan George

    Director of Content, News

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Benjamin Gottlieb

    Reporter, Fill-in Host

  • KCRW placeholder

    Jesse Eisinger

    senior editor and reporter for ProPublica

    NewsNationalPolitics
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