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Leniency For Big Corporations in the U.S.: International Herald Tribune

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posted on Apr, 9 2008 @ 04:51 PM
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Leniency For Big Corporations in the U.S.: International Herald Tribune


www.iht.com

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.

Deferred prosecutions have become a favorite tool of the Bush administration. But some legal experts now wonder if the policy shift has led companies, in particular financial institutions now under investigation for their roles in the subprime mortgage debacle, to test the limits of corporate anti-fraud laws.

(visit the link for the full news article)



[edit on 9-4-2008 by DimensionalDetective]




posted on Apr, 9 2008 @ 04:51 PM
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O...M...G...

How much more crooked and corrupt can this country get?!?

So HERE WE SEE, how truely twisted this entire system is, with the HUGE corps basically doing anything they want and never being worried about prosecution! All they have to do is PAY OFF our corrupted officials, and they can break any law they want!

Great bedfellows these two entities make...Both of them rule over us all, with no morals or laws to abide by.



Deferred prosecution agreements, or DPAs, have become controversial because of a medical supply company's agreement to pay up to $52 million to the consulting firm of John Ashcroft, the former attorney general, as an outside monitor to avoid criminal prosecution. That agreement has prompted congressional inquiries and calls for stricter guidelines.




www.iht.com
(visit the link for the full news article)



 
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