And the worst penalty a firm can mete out to a wrongdoer is the sack.

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Under that statute, it is generally only the primary wrongdoer or ringleader that faces reward limitations.

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High-profile arrests are one thing: actually convicting a wrongdoer in a timely and transparent fashion quite another.

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The purpose of sentencing is not only to punish a wrongdoer but to deter the individual as well.

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Secondly, if we have detected the violation by other means and make a challenge, the wrongdoer has ways to impede the inspectors and avoid embarrassment.

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Generally speaking, punitive damages are not meant to compensate the victim as much as to deter similar negligent behavior on behalf of the wrongdoer in the future.

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Unlike so-called compensatory damages, which are designed to make up for monetary losses, punitive damages are meant to punish the wrongdoer in a civil case, and deter similar conduct in the future.

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By counting each e-mail sent by a white-collar wrongdoer as a separate case of wire fraud, prosecutors can threaten him with a gargantuan sentence unless he confesses, or informs on his boss.

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Typically, since the actions of employees are imputed to the corporation, that would make Colonial a wrongdoer right alongside Taylor Bean exactly the scenario in which in pari delicto would protect its auditors.

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