Why Corporate Fraud Is So Rampant: Wall Street's CopSubmitted by northstar on Mon, 07/23/2012 - 18:48
Almost two years ago, I was invited to speak to the New York City Bar Association about the future of white collar crime enforcement.
I spoke bluntly about what I had seen in a little over a year as United States Attorney for the Southern District of New York. To the apparent surprise of many in the room, I observed publicly that insider trading appeared to be rampant.
That observation has been borne out over and over again in the two years since, much to the dismay and disgust of an increasingly frustrated public.
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