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“A million dollars isn’t cool. You know what’s cool? A billion dollars.” — Sean Parker, The Social Network Yes, Sean Parker’s character (played by Justin Timberlake) uttered that memorable line in The Social Network, but you know who else might be saying that soon? Irving Picard, the court-appointed trustee in the Madoff case who is tasked with recovering […]
Dim Prospects for Financial Crisis Prosecutions – DealBook http://t.co/T4Zzi9Uf # Government Scraps Lindsey FCPA Appeal, Preserving Stunning Defense Win for Venable and… http://t.co/tGoK4tg8 # Guilty plea in bribery case a rare ray of sunshine for government — The National Law Journal http://t.co/cOrDzmhN # Fear of jury boredom seeps into Gupta insider trial http://t.co/nx0C8F1h # Two […]
As has been noted many times, the lack of criminal prosecutions arising out of the financial crisis has been painfully obvious. And two items in the news last week underscores that the prospect for a signature case is growing even more distant. via Dim Prospects for Financial Crisis Prosecutions— DealBook
DOJ ends criminal FCPA prosecution in Lindsey Manufacturing case.
Former Control Components Inc. executive pleads guilty to one count of bribing a foreign official in China.