U.S. Dept. of Justice to Re-Prioritize White Collar Prosecutions

As Matt Taibbi aptly noted last year in his New York Times Bestseller, The Divide: American Injustice in the Age of the Wealth Gap (2014), oddly, not a single high level individual Wall Street employee was ever prosecuted and jailed for the large-scale corporate malfeasance that led to the real estate and market implosions of 2008.

Now, in what is viewed as a late response to resounding criticism, the United States Department of Justice yesterday issued new guidelines which prioritize prosecuting individual corporate employees in white collar cases, not just the corporations themselves. See NY Times Article here.

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