Chapter
White-collar crime and its changing definition
20:35 - 28:42 (08:06)
Phil and Josh discuss the difficult nature of prosecuting white-collar crime, and how the definition of what constitutes a white-collar crime has evolved. Despite white-collar crimes such as pension fund raids or wage thefts being a daily occurrence, these criminals often avoid punishment due to a lack of accountability.
Clips
The speaker suggests that while it may be expensive for the city to prosecute bankers who have committed white-collar crimes, the consequences of not doing so fall more heavily on poor communities.
20:35 - 22:49 (02:14)
Summary
The speaker suggests that while it may be expensive for the city to prosecute bankers who have committed white-collar crimes, the consequences of not doing so fall more heavily on poor communities.
ChapterWhite-collar crime and its changing definition
EpisodeThe Trump Indictment and Who We Think Deserves Prosecution
PodcastThe Problem With Jon Stewart
The podcast discusses the reptilian brain in the human brain which results in white-collar corruption.
22:54 - 26:09 (03:15)
Summary
The podcast discusses the reptilian brain in the human brain which results in white-collar corruption. The episode highlights how prosecutors take the safe route to avoid losing cases through Deferred Prosecution Agreements (DPA).
ChapterWhite-collar crime and its changing definition
EpisodeThe Trump Indictment and Who We Think Deserves Prosecution
PodcastThe Problem With Jon Stewart
The US justice system does not hold white collar criminals accountable for their actions like raiding pension funds or engaging in wage theft, even though it ruins the lives of those affected.
26:09 - 28:42 (02:32)
Summary
The US justice system does not hold white collar criminals accountable for their actions like raiding pension funds or engaging in wage theft, even though it ruins the lives of those affected. Having a felony conviction on your record can complicate things such as obtaining licenses or renting property and yet redemption for white collar criminals can come in the form of a presidency or think tank position.