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One area in which bad times are good for business

By Douglas A. Berman

Last week I asked in this post, "When will the latest economic crisis become a criminal justice story?".  Today, the New York Law Journal is on this story with this new piece, headlined "Criminal Prosecutions Predicted to Surge Over Financial Crisis."  Here is how the effective piece begins:With public anger reaching a boiling point over plunging stock prices and Wall Street "greed," white-collar defense attorneys are preparing for an inevitable surge in criminal prosecutions. Stanley S. Arkin, for one, said he expects that the anger, hysteria and economic dislocation fueled by "imprudent credit policies" will "inspire" indictments that would not have been brought in a "calmer and more dispassionate time...continue to full post

Full post as published by Sentencing Law and Policy on October 09, 2008 (boomark / email).