At an event at NYU law school with professors, corporate lawyers and federal prosecutors Thursday evening, Deputy Attorney General Lisa O. Monaco outlined an extensive plan that she said would hold companies accountable and deter future wrongdoing by encouraging them to do the right thing.
Ultimately, she said, “absent aggravating factors,” the Justice Department would not pursue indictments or seek guilty pleas from companies that self-disclose wrongdoings, cooperate with investigators and fix what went wrong in their organizations. Monaco also established a Corporate Crime Advisory Group that would propose revisions to the Justice Department’s criminal enforcement policies. The announcement Thursday marked the culmination of that group’s year-long meetings. Much of Thursday’s speech mirrored October’s broad pledges, but it provided more details on the new rules and how they would be implemented.
Prosecutors will now consider whether companies have strong compliance systems in place, or whether negligence contributed to the criminal conduct.
rewards for not doing crimes.. wtf.. disgusting
They are giving incentives to corporations to not be criminals? What a fucked up country this is.
Jail. It supposedly works for blue collar crime.
Wouldn't huge prisons sentences and fines help to deter corporate crime?