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"Senators Express Foolish Belief That All Problem Have Criminal Justice Solution"

By Douglas A. Berman

The title of this post is my alternative headline for this new article in The National Law Journal, which is actually headlined "Senators Express Impatience With Scope of Fraud Prosecutions."  Here is how it begins: The federal government's highest-ranking officials for investigating financial fraud defended their work Wednesday, under questioning from U.S. senators who want them to do more about those who might have contributed to the credit crisis and the recession. Senators of both parties expressed concern that some fraud continues to go unpunished, and Democrats wondered why more corporate executives and directors haven't been charged. "Why haven't we seen more boardroom cases?" asked Sen. Ted Kaufman, D-Del., who was chairing a hearing of the Senate Judiciary Committee...continue to full post

Full post as published by Sentencing Law and Policy on December 10, 2009 (boomark / email).