DOJ – Lanny Breuer Admits That Economists Have Convinced Him Not to Indict Corporations

“We are frequently on the receiving end of presentations from defense counsel, CEOs, and economists who argue that the collateral consequences of an indictment would be devastating for their client.”

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Lanny Breuer Admits That Economists Have Convinced Him Not to Indict Corporations

I’ve become increasingly convinced that DOJ’s head of Criminal Division, Lanny Breuer is the rotting cancer at the heart of a thoroughly discredited DOJ. Which is why I’m not surprised to see this speech he gave at the NYC Bar Association selling the “benefits” of Deferred Prosecution Agreements. (h/t Main Justice) He spends a lot of his speech claiming DPAs result in accountability.

And, over the last decade, DPAs have become a mainstay of white collar criminal law enforcement.

The result has been, unequivocally, far greater accountability for corporate wrongdoing – and a sea change in corporate compliance efforts. Companies now know that avoiding the disaster scenario of an indictment does not mean an escape from accountability. They know that they will be answerable even for conduct that in years past would have resulted in a declination. Companies also realize that if they want to avoid pleading guilty, or to convince us to forego bringing a case altogether, they must prove to us that they are serious about compliance. Our prosecutors are sophisticated. They know the difference between a real compliance program and a make-believe one. They know the difference between actual cooperation with a government investigation and make-believe cooperation. And they know the difference between a rogue employee and a rotten corporation.

Rest here…

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4closureFraud.org

Comments
6 Responses to “DOJ – Lanny Breuer Admits That Economists Have Convinced Him Not to Indict Corporations”
  1. stripes says:

    WE THE PEOPLE, in the PRIVATE SECTOR, are FED UP with BAILING OUT the PUBLIC SECTOR.. Not only is it UNFAIR and IMMORAL that we are being FORCED to keep FUNDING and BAILING OUT these BANKRUPT INSTITUTIONS…it is FASCISM that will lead to COMPLETE COMMUNISM.

  2. stripes says:

    Of course…! They are the crooks who robbed the private sector into almost complete submission…! Wake up America and sue these bankster crooks…! Or, it will be the microchip and complete communism..! We need attorneys who are not cowards to join this fight…! After all…do they want to be making minimum wage because this Govt Corp destroyed the private sector…? That’s what’s coming for drs, lawyers, and EVERYONE if this Govt. Corp. has its way..! NO WEALTH CREATION BECA– USE THERE IS NO PRIVATE SECTOR MEANS….COMPLETE GOVERNMENT CONTROL…AND COMPLETE COMMUNISM. Now, do attorneys want to live under that tyranny.?

  3. Michele C says:

    There is a double standard. Wall Street runs our Government. The system is corrupt.

  4. Ken Hansen says:

    Why couldn’t he have been more tactful? He could have said something like “we’re understaffed, we don’t have the means to go after these corporations”. It’s works for ProPublica, who are spreading propaganda that HAMP failures were due to Banksters being “overwhelmed” by the number of people seeking “help” with their liars loans. They weren’t understaffed when they handed them out. Shame on you Paul Kiel (and Lenny Bruer). One set of laws for them another set (including Bankruptcy) for you

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  1. […] >_^_ “We are frequently on the receiving end of presentations from defense counsel, CEOs, and economists who argue that the collateral consequences of an indictment would be devastating for their client.” ~ Lanny Breuer – Justice Department Criminal Division Chief :: “And, over the last decade, DPAs have become a mainstay of white collar criminal law enforcement.” :^^^: “DOJ – Lanny Breuer Admits That Economists Have Convinced Him Not to Indict Corporations” ~ 4closureFraud, {Subscriber Supported}, 09-15-12 :: Link/URL < http://4closurefraud.org/2012/09/15/doj-lanny-breuer-admits-that-economists-have-convinced-him-not-t&#8230; […]

  2. […] >_^_ “We are frequently on the receiving end of presentations from defense counsel, CEOs, and economists who argue that the collateral consequences of an indictment would be devastating for their client.” ~ Lanny Breuer – Justice Department Criminal Division Chief :: “And, over the last decade, DPAs have become a mainstay of white collar criminal law enforcement.” :^^^: “DOJ – Lanny Breuer Admits That Economists Have Convinced Him Not to Indict Corporations” ~ 4closureFraud, {Subscriber Supported}, 09-15-12 :: Link/URL < http://4closurefraud.org/2012/09/15/doj-lanny-breuer-admits-that-economists-have-convinced-him-not-t&#8230; […]



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