Fortune Magazine
March 18, 2002

The collapse of Enron has thrust white-collar crime back into the national spotlight for the first time since the S&L scandal over a decade ago. But what sort of justice do white-collar criminals face? In Fortune magazine's March 18th cover story, writer Clifton Leaf and a team of Fortune reporters closely examined the shortcomings in the federal enforcement of white-collar crime laws. Using TRAC data, Leaf et al. showed that the Justice Department declined to prosecute over 64% of white-collar crime cases referred by SEC attorneys. The Fortune reporters also employed TRAC data to bolster their claim that white-collar criminals, despite being convicted of egregious violations of the law, seldom spend time behind bars.




Transactional Records Access Clearinghouse, Syracuse University
Copyright 2002
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