DOJ to focus more on executives, not just companies, in criminal cases

And how many times have I heard the DOJ under the Obama Administration said they will focus on executives and not companies in criminal cases??? You are 7 years too late and a dollar short!!!

The U.S. Justice Department has issued new guidelines that emphasize prosecuting individual executives in white-collar crime cases, and not just their corporations.

Deputy Attorney General Sally Yates, author of a memo outlining the rules for federal prosecutors, was to announce the guidelines in a speech on Thursday at the New York University Law School.

The memo, first obtained by the New York Times, came in response to criticism that the Obama administration had not vigorously pursued individuals in the financial meltdown and housing crisis of 2008-2009 and in various corporate scandals, the newspaper said.

“Crime is crime,” Yates planned to say in her address, according to excerpts released by the Justice Department.

“And it is our obligation at the Justice Department to ensure that we are holding lawbreakers accountable regardless of whether they commit their crimes on the street corner or in the board room,” she added. “In the white-collar context, that means pursuing not just corporate entities but also the individuals through which these corporations act.”

Read on.

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