Prosecutorial Power

Good editorial in the Wall Street Journal yesterday regarding the dismissal of Joseph P. Brandon. 

The piece notes how federal prosecutors are able to pressure CEOs like Warren Buffett to throw certain executives overboard in order to avoid a dubious federal indictment. Cato adjunct scholar John Hasnas is quoted in the piece, noting that companies will do almost anything to avoid the accusation that they are being “uncooperative.” Hasnas is the author of the Cato book Trapped, which shows how the government is increasingly coercing business executives to take unethical actions — such as discharging employees who have done nothing wrong.

More here.