Weekly News via Email
   Set as homepage | Add to favorites | Customer Service | Subscribe Now | Place an Ad | Contact Us | Sitemap Friday, 11.28.2014
Classifieds
News Archive
Su Mo Tu We Th Fr Sa
 1  2  3  4  5
 6  7  8  9  10  11  12
 13  14  15  16  17  18  19
 20  21  22  23  24  25  26
 27  28  29  30
Online Extras
Site Services
Around Bend
Outdoor Fun
Travel Info
Shop Local




Members Of



Poll: Today's Live Poll
Email to a friend | Print this | PDF version | Comments (0 posted) 
  Blogger |   del.icio.us |   digg |   newsvine

Apr 09,2008
Justice goes from prosecuting now to later
by UPI

WASHINGTON -- The U.S. Justice Department, in a major policy shift, has put off prosecuting more than 50 companies suspected of bad behavior, a study of records shows.

Instead, companies large and small have avoided the financial and public relations cost of defending themselves against criminal charges with a so-called deferred prosecution agreement that allow the government to collect fines and appoint an outside monitor to impose internal reforms without a trial, The New York Times reported Wednesday.

Deferred prosecutions has some legal experts wondering the shift led companies, particularly financial institutions under investigation for their roles in the subprime mortgage mess, to push the envelope of corporate anti-fraud laws, the Times said.

Firms readily agreed to the deferred prosecutions because "clearly it avoids a bigger headache for them," said Vikramaditya Khanna, a University of Michigan law professor.

Paul McNulty is the deputy attorney general who implemented new guidelines for corporate investigations at the Justice Department. With the imposition of fines and a monitor, "the reality is that for the government, it gets pretty much everything without the difficulty of going forward with an indictment," McNulty, now in private practice, told the Times.

Copyright © 2008, by United Press International. All Rights Reserved.

543 times read

Related news
Deputy Attorney General McNulty steps down by UPI posted on May 15,2007

Connecticut woman pleads guilty for role in human trafficking ring by Bend_Weekly_News_Sources posted on Mar 14,2007

FBI non-terror cases off 30 percent by UPI posted on Jun 21,2007

U.S. sees big drop in terrorism cases by UPI posted on May 12,2008

Taking stock by The San Diego Union-Tribune posted on May 18,2007

Did you enjoy this article? Rating: 5.00Rating: 5.00Rating: 5.00Rating: 5.00Rating: 5.00 (total 34 votes)

Market Information
Breaking News
Most Popular
Most Commented
Featured Columnist
Horoscope Guide
Aquarius Aquarius Libra Libra
Aries Aries Pisces Pisces
Cancer Cancer Sagittarius Sagittarius
Capricorn Capricorn Scorpio Scorpio
Gemini Gemini Taurus Taurus
Leo Leo Virgo Virgo
Local Attractions
Bend Visitors & Convention Bureau
Bend Visitors & Convention Bureau

Mt. Bachelor Resort
Mt. Bachelor Resort

Les Schwab Ampitheater
Les Schwab Ampitheater

Deschutes County Fairgrounds
Deschutes County
Fairgrounds

Tower Theatre
Tower Theatre

The High Desert Museum

Advertisements



Deschutes County

Google  
  Web    BendWeekly.com
© 2006 Bend Weekly News
A .Com Endeavors, Inc. Company.
All Rights Reserved. Terms under
which this service is provided to you.
Please read our Privacy Policy. Contact us.
Bend Weekly News & Event Guide Online
   Save the Net
Advertisement
External sites open in new window,
not endorsed by BendWeekly.com
Subscribe in NewsGator Online
Add to Google Add to MSN Add to My AOL
What are RSS headlines?