Justice Department Sets Sights on Wall Street Executives

The New York Times has the article Justice Department Sets Sights on Wall Street Executives.

Stung by years of criticism that it has coddled Wall Street criminals, the Justice Department issued new policies on Wednesday that prioritize the prosecution of individual employees — not just their companies — and put pressure on corporations to turn over evidence against their executives.

Perhaps Attorney General Loretta Lynch will turn out to be a much better Attorney general than I thought. Perhaps those years of criticism published (or noted) on blogs like this one, and the many more famous ones have had an impact.

Whatever its practical implications, the memo is likely to resonate on the presidential campaign trail. In a speech this summer, Hillary Rodham Clinton seized on the sentiment that too many executives were escaping accountability, declaring that, if she were elected, her administration would “prosecute individuals as well as firms when they commit fraud.”

Is The New York Times still playing the Where’s Bernie game? Bernie Sanders position on this is a lot stronger than Hillary Clinton’s and he has espoused it for a lot longer. The New York Times admits its site is searched more times for Bernie Sanders than for Hillary Clinton. If this newspaper refuses to inform its readers about the subject matters that they want to know about, they are going to be losing even more customers than they have already lost.

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