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<blockquote data-quote="rickyb" data-source="post: 3697569" data-attributes="member: 56035"><p>The answer is more disturbing than the questions: We don’t know. We don’t know because the cops aren’t on the beat. Resources have been stripped from white-collar enforcement. The FBI shifted agents to work on international terror in the wake of 9/11. <strong>White-collar cases made up about one-tenth of the Justice Department’s cases in recent years, compared with one-fifth in the early 1990s.</strong> The IRS’ criminal enforcement capabilities have been decimated by years of budget cuts and attrition. The Federal Election Commission is a toothless organization that is widely flouted.</p><p></p><p><a href="https://www.propublica.org/article/why-manafort-and-cohen-thought-theyd-get-away-with-it" target="_blank">Why Manafort and Cohen Thought They’d Get Away With It — ProPublica</a></p><p></p><p>...But the problem goes beyond big banks. T<strong>he Department of Justice — in both Democratic and Republican administrations — has lost the will and ability to prosecute top executives across corporate America</strong>, at large industrial firms, tech giants, retailers, drug makers and so on. Instead the Department of Justice reaches settlements with corporations, which pay in dollars instead of the liberty of their top officers and directors</p><p></p><p>...ndeed it’s worse than that<strong>. The government has essentially privatized corporate law enforcement. The government effectively outsources the investigations to the companies themselves. </strong>The companies, typically trying to appear cooperative or to forestall government action, hire law firms to do internal investigations.</p></blockquote><p></p>
[QUOTE="rickyb, post: 3697569, member: 56035"] The answer is more disturbing than the questions: We don’t know. We don’t know because the cops aren’t on the beat. Resources have been stripped from white-collar enforcement. The FBI shifted agents to work on international terror in the wake of 9/11. [B]White-collar cases made up about one-tenth of the Justice Department’s cases in recent years, compared with one-fifth in the early 1990s.[/B] The IRS’ criminal enforcement capabilities have been decimated by years of budget cuts and attrition. The Federal Election Commission is a toothless organization that is widely flouted. [URL='https://www.propublica.org/article/why-manafort-and-cohen-thought-theyd-get-away-with-it']Why Manafort and Cohen Thought They’d Get Away With It — ProPublica[/URL] ...But the problem goes beyond big banks. T[B]he Department of Justice — in both Democratic and Republican administrations — has lost the will and ability to prosecute top executives across corporate America[/B], at large industrial firms, tech giants, retailers, drug makers and so on. Instead the Department of Justice reaches settlements with corporations, which pay in dollars instead of the liberty of their top officers and directors ...ndeed it’s worse than that[B]. The government has essentially privatized corporate law enforcement. The government effectively outsources the investigations to the companies themselves. [/B]The companies, typically trying to appear cooperative or to forestall government action, hire law firms to do internal investigations. [/QUOTE]
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