The US Department of Justice has finally been embarrassed enough to initiate guidelines for investigating individual actors that have been freely breaking laws behind the veil of corporations. It’s a sad statement that this is a new policy, but it’s a start in the right direction…
The Justice Department issued a new policy Wednesday that made the prosecution of Wall Street executives involved in financial fraud a major priority, all but acknowledging nagging criticism that powerful corporate figures have escaped criminal charges in favor of giant monetary penalties. Here is a direct video link.
Also see WSJ: Justice Department sets sights on Wall Street executives, for more details.
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