January 22, 2018

Macro Musings 91: Jesse Eisinger on the Financial Crisis and the Department of Justice

Hosted by David Beckworth of the Mercatus Center, Macro Musings is a new podcast which pulls back the curtain on the important macroeconomic issues of the past, present, and future.

Jesse Eisinger is a senior reporter and editor at ProPublica as well as a Pulitzer Prize winner. Today, he joins the show to discuss his new book The Chickenshit Club: Why the Justice Department Fails to Prosecute Executives. Jesse argues that in recent years, the U.S. Justice Department has become excessively timid in prosecuting white collar crime on Wall Street and in the financial sector. David and Jesse discuss why this is a problem for the rule of law as well as some ways to reform the system.