Discuss the US Federal Sentencing Guidelines. Be sure to answer: What are they? What drove their creation? Who wrote them? Are they mandatory or advisory? How do they actually work? How do they influence the design of a compliance program? What are the basic elements of an effective compliance program under the Guidelines? What does a corporation stand to lose of it chooses not to follow the model established by the guidelines? How has the influence of the Federal Sentencing Guidelines changed over the years?
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