07-13-2017, 07:06 PM
(07-13-2017, 06:50 PM)Belsnickel Wrote: So, as fishy as this sounds, this is also just the standard way the DoJ has been handling things. The DoJ for years has been hesitant to actually prosecute and hold accountable companies, executives, and so forth. They would rather settle and move on. I heard Jesse Eisinger talking about it on NPR the other morning, he actually has a book about it: https://www.goodreads.com/book/show/34397551-the-chickenshit-club
I'm not saying there is nothing to this specific case that is in the wrong, just that it isn't an unusual activity.
http://www.nydailynews.com/news/politics/u-s-attorney-preet-bharara-biggest-prosecuting-successes-article-1.2666558
He was convicted of a complex scheme to line his pockets with over $5 million and sentenced to 12 years in prison earlier this year.
Skelos was sentenced to five years in prison.
They reached a deal resulting in the bank agreeing to pay $1.7 billion to the victims of the fraud - the largest forfeiture deal in U.S. history.
The push led to a federally mandated settlement with the city to overhaul jail policies.
al-Fawwaz was sentenced to life in prison last year after his successful prosecution by Bharara’s office.
The founder of the Galleon Group hedge fund, Rajaratnam was sentenced to 11 years in prison after being prosecuted by Bharara’s office
The San Francisco techie was sentenced to life in prison last year.
It was the largest gang takedown in New York City history.
Bharara was good at his job. I can understand settlements are pretty common. But when the side being prosecuted is offered a settlement "too good to refuse" and has to admit no wrong doing that is probably at least a little abnormal.
