Obama DOJ Continues Practice Of Deferring Corp Prosecutions

July 16th, 2009

Dow Jones

WASHINGTON — Much has changed at the Justice Department since the Obama administration took charge, but one controversial tactic in corporate-crime cases has not: the use of settlements that allow corporations to avoid prosecution for wrongdoing.

The department has entered into 10 of these agreements at the mid-point of 2009, a pace slightly ahead of 2008, when the department entered into 18 agreements over the whole year, according to a report by the law firm Gibson, Dunn & Crutcher.

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