In this episode, the Everything Compliance trio of Matt Kelly, Jay Rosen and Tom Fox unpack our first book review. We consider the recently released The Chickenshit Club by Jesse Eisinger and it may mean for the compliance practitioner. We consider the internal journey of the Department of Justice from their days of Enron, WorldCom and Adelphia convictions to the 2008 financial crisis where no senior executives were prosecuted. It was a series of steps which led to this change and we discuss the key changes in the DoJ’s thinking. The book is a real page turner and our discussion reflects this. We believe that every compliance practitioner should read the book and understand its lessons from DOJ prosecution.
You can purchase a copy of the book The Chickenshit Club by clicking here.