American business should not empower a criminal, says Reid Hoffman
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W OULD NEW YORK be a global financial capital, or even a prosperous city, if markets had no basis for trusting the transactions that happen there? Obviously not.
Businesses and investors rely on a robust legal system—especially courts of law and impartial, fact-based trials by jury—to enforce contracts and punish fraud. That’s why, in the past decade alone, New York City prosecutors have brought thousands of felony charges for falsifying business records. It’s a crime because it strikes at American prosperity.
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