Prosecutors Change Their Tune on Deterrence Involving Corporate Wrongdoing

By DEVLIN BARRETT and KIRSTEN GRIND  Wall Street Journal WASHINGTON—In extracting multibillion-dollar fines from Citigroup Inc. and other big banks, prosecutors say they are trying to deter future corporate wrongdoing by making shareholders angry enough to demand changes. It is a significant shift in tone for the Justice Department and Federal Bureau of Investigation, which…

Read More

Friends of Alleged Boston Marathon Bomber Accused of Dumping Backpack of Evidence

Steve Neavling ticklethewire.com Friends of the alleged Boston Marathon bomber are accused of dumping a backpack belonging to Dzhokhar Tsarnaev in an attempt to hide evidence against him, Reuters reports. When the FBI approached the friends about the backpack, they “simultaneously” responded that it had been thrown into a dumpster, according to testimony against one…

Read More