Monday, July 11, 2011

DOJ Trusts Wall Street To ‘Police Itself’ As It Takes A ‘Softer Approach’ To Corporate Crime

DOJ Trusts Wall Street To ‘Police Itself’ As It Takes A ‘Softer Approach’ To Corporate Crime: "pMany of the corporations responsible for nearly bringing down the global economy escaped prosecution because of a set of guidelines adopted by the Justice Department in summer 2008. The New York Times recently reported on the effect of this “softer approach” to white-collar crime. The guidelines were well-known to federal prosecutors but not to the [...]/p"