One of this book’s recurring themes is that white-collar crime’s institutions have confused and misled us, tempting us with a series of counterproductive and unhelpful myths. A combination of poorly tracked offenses, ungraded laws, and underwritten codes obfuscates the federal government’s enforcement activities and distorts our assessment of deception and its enforcement.1 We lack a clear understanding of what our institutions are doing, and we lose faith in them as a result. Moreover, because so much of white-collar crime occupies a space limned by the technically liable offense and the strategically viable prosecution, gaps in enforcement remain misunderstood and undertheorized.2