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Eric holder, the former attorney general, wrote a memo outlining the concepts around the time of the 2008 financial crisis iirc. The idea behind a deferred pr
by monetus 5y ago
Eric holder, the former attorney general, wrote a memo outlining the concepts around the time of the 2008 financial crisis iirc. The idea behind a deferred prosecution agreement is that extracting money and good behavior out of powerful/wealthy defendants is the best possible option when compared to the "collateral consequences" of fully prosecuting them.
- jacquesm 5y agoA great example of class-justice by design.
- noitpmeder 5y agoFor reference: June 16th, 1999 - https://www.justice.gov/sites/default/files/criminal-fraud/legacy/2010/04/11/charging-corps.PDF https://www.justice.gov/sites/default/files/criminal-fraud/l...
- ComodoHacker 5y agoIs this what GP is talking about? It's about charging corporations.
- monetus 5y agoUnfortunately it is - the collateral consequences discussed is oriented towards companies labeled too big to fail, but is used to make it easier on prosecuters to attain a form of conviction on less economically impactful prosecutions as well.
- quantified 5y agoRight. Let’s see how bad the “collateral consequences” actually are. Though, the result of inept or malfeasant prosecution could be the equivalent of formal immunity thereafter. I’d still like to take my chances.