Justice Department to Prioritize Prosecution of Wall Street Criminals

wall-streetBy Steve Neavling
ticklethewire.com

The Justice Department has pledged to prioritize prosecution of Wall Street criminals.

The Boston Globe reports that the DOJ established new rules in an effort to hold individual employees and their companies accountable.

The rules were issued in a memo to federal prosecutors in an attempt to also pressure corporations to cooperate when their executives are accused of wrongdoing.

“Corporations can only commit crimes through flesh-and-blood people,” Sally Q. Yates, the deputy attorney general and the author of the memo, said in an interview Wednesday. “It’s only fair that the people who are responsible for committing those crimes be held accountable. The public needs to have confidence that there is one system of justice and it applies equally regardless of whether that crime occurs on a street corner or in a boardroom.”

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