Columbia Law Professor John C. Coffee, Jr.’s Corporate Crime and Punishment delivers a hard-hitting and provocative analysis of the securities law enforcement landscape and the choices that lie ahead.  With SEC senior staff changes probable in any new administration, Coffee’s perspective is particularly well-timed.  Overall, this is a book designed to make us strongly disagree about important issues in a very good and productive way – a book that all who genuinely care about securities enforcement need to read, whatever their own views.

Coffee’s central thesis is that corporate America is undergoing a “crisis of underenforcement” marked by lenient resolutions … Read more