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Board of Directors

Over-Criminalization and its Effects on Corporate America, Part I

There’s no shortage of corporations in recent years that have committed abhorrent crimes and deserve whatever punishment they’ve gotten. If a company maliciously defrauds investors and clients (look no further than Bernard L. Madoff Investment Securities LLC), or deliberately lies about the dangers of its products (raise your hand, Takata and Volkswagen Group!), then crocodile tears need not be shed about the censure it receives.

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