• Due Process,  Presumption of Innocence,  Sentencing

    White-Collar Felon Registries, Hester Prynne and The Drive-By Truckers

    Although one must admire the historicist sensibilities of a state legislature that just reinstated the firing squad  as a methodology for execution, the Utah legislature’s passage of a bill to create a white-collar crime registry modeled on sex offender registries is unwise where it is not silly. As a New York Times article notes: With just a point and a click, you can browse a face book of felons, a new government website that will warn of the danger these criminals pose to society. Only these are not the faces of sex offenders and serial killers. These criminals are mortgage schemers and inside traders, most likely armed with nothing more than…

  • Cocktails

    The Drinking Reader, Our Cocktails Magazine, Tom Jones and Other Weekend Matters

    White Collar Wire supports cocktails. As part of that effort, I have a magazine on Flipboard called (helpfully) “Cocktails.”  Follow here, read on and use good ice. Two items we focus on — books and cocktails — come together in How to Build a Solid Drinking Library, by New York Times writer (and bartender) Rosie Schaap: Are there places I like as much as great bars? Yes: great bookshops. And if I had to pick a favorite in the latter category, it’s Dog Ears Book Barn in the little town of Hoosick, N.Y. Conveniently, it’s just a little ways down Route 7 from the Man of Kent, one of America’s best…

  • Bribery,  Deferred Prosecution Agreements

    White-Collar Crime, DPAs and Repeat Business

    The phenomenon of extending corporate deferred-prosecution agreements (or “DPAs”) continues, as here with medical device maker Biomet, and controversy inevitably ensues: Life was supposed to return to normal for Biomet, the giant medical devices manufacturer accused of foreign bribery, when its federal probation expired next week. But on Tuesday, Biomet disclosed that prosecutors would extend its probation another year as they investigate new evidence of wrongdoing at the company, the Justice Department’s latest attempt to stem a widening pattern of corporate recidivism. The Department of Justice, however, has been clear recently: “Make no mistake: The criminal division will not hesitate to tear up a D.P.A. or N.P.A. and file criminal…

  • Poetry

    Liberty and Edward Thomas

    “Liberty” is one of the foundational concepts of the American enterprise, individual liberty in particular. To the white-collar practitioner (and client), the concept of liberty takes on a special urgency. Edward Thomas was born in Lambeth, London, on March 3, 1878. His books include The Woodland Life (1896), In Pursuit of Spring (1914), and Last Poems (1918). Thomas died in World War I at the battle of Arras on April 9, 1917.  “Liberty” was published in Thomas’s book Poems (H. Holt & company, 1917). Liberty by Edward Thomas (1878-1917) The last light has gone out of the world, except This moonlight lying on the grass like frost Beyond the brink…