From the New York Times:In a major shift of policy, the Justice Department, once known for taking down giant corporations, including the accounting firm Arthur Andersen, has put off prosecuting more than 50 companies suspected of wrongdoing over the last three years.
Instead, many companies, from boutique outfits to immense corporations like American Express, have avoided the cost and stigma of defending themselves against criminal charges with a so-called deferred prosecution agreement, which allows the government to collect fines and appoint an outside monitor to impose internal reforms without going through a trial. In many cases, the name of the monitor and the details of the agreement are kept secret.
In other words, the government is enacting a whole new set of practices designed solely to protect corporations from having to follow the law.
I'd be more optimistic if I thought Clinton OR Obama would put a swift end to this practice.
As is, it's another piece of evidence of how thoroughly belief that private property is sacred has permeated mainstream American culture - and rather completely corrupted the Justice Department.
It's disgusting.
Saturday, April 12, 2008
"There is no justice in this world." - Huey Freeman, The Boondocks
Posted by Dennis at 3:28 PM
Labels: corruption, public policy
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