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A comment on Theranos Low on Cash After Settlement with Walgreens. Parent comment

Re:Theranos Low on Cash After Settlement with Walgreens by georgeecollins on Wednesday August 02, 2017 @01:13PM (#14912516)
In case you were in a coma 2008-2009, the US justice system likes to settle with corporations, but almost never actually tries to convict white collar criminals. Here is a whole book subtitled "Why the justice department fails to prosecute executives."

https://www.amazon.com/dp/B06XBZFQR2/ref=dp-kindle-redirect?...

It is very well reviewed.

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Re:Theranos Low on Cash After Settlement with Walgreens by CalChris on Wednesday August 02, 2017 @01:49PM (#14912913)
Well, the book didn't get out of the first sentence for me.

> each a realm unto itself, run by a US Attorney who is almost untouchable by headquarters in faraway DC.

In fact, each US Attorney can be fired at will by the President. At will and not for cause. The Fed Chair can be fired but only for cause.

This leads to US Attorneys living in a very political world. They are politically appointed (Chris Christie), Senatorially confirmed (Jeff Sessions USAG) and politically removed (George W Bush). So defendants who are politically connected are not going to get prosecuted and that's that.

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Re:Theranos Low on Cash After Settlement with Walgreens by 24gttghh on Wednesday August 02, 2017 @03:05PM (#14913626)
When was GWB a US Attorney? Or are you referring to this[0]?

[0]https://en.wikipedia.org/wiki/Dismissal_of_U.S._attorneys_co...

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Re:Theranos Low on Cash After Settlement with Walgreens by ansible on Wednesday August 02, 2017 @04:32PM (#14914319)
I've got a friend that puts much stock in the interviews that CEOs give on the financial TV networks. He keeps insisting that the CEOs on these shows rarely lie, because they would otherwise go to jail or otherwise get sued by their investors.

I'm not so sure...

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