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Federal Judge Slams Department of Justice for Not Prosecuting Wall Street Executives
A federal judge with a history of slamming the regulatory system issued scathing remarks against the Department of Justice on Tuesday for allowing Wall Street executives to escape criminal prosecutions.
Speaking at an event hosted by the New York City Bar Association on Tuesday, U.S. District Judge Jed Rakoff of Manhattan said the DoJ’s “unconvincing” excuses for not prosecuting individuals were “technically and morally suspect.”
“[Not] a single high level executive has been successfully prosecuted in connection with the recent financial crisis, and given the fact that most of the relevant criminal provisions are governed by a five-year statute of limitations, it appears very likely that none will be,” Rakoff said …. https://www.commondreams.org
Source: http://luismmx.blogspot.com/2013/11/federal-judge-slams-department-of.html
