September 13, 2015
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5:42Now PlayingAs Barack Obama runs out of time in his presidency, his Justice Department has decided maybe they should have prosecuted some of the white collar criminals responsible for the economic recession. It may be too little, too late. Cenk Uygur, host of the The Young Turks, breaks it down. Tell us what you think in the comment section below.
"The U.S. Justice Department has issued new guidelines that emphasize prosecuting individual executives in white-collar crime cases, and not just their corporations.
Deputy Attorney General Sally Yates, author of a memo outlining the rules for federal prosecutors, was to announce the guidelines in a speech on Thursday at the New York University Law School.
The memo, first obtained by the New York Times, came in response to criticism that the Obama administration had not vigorously pursued individuals in the financial meltdown and housing crisis of 2008-2009 and in various corporate scandals, the newspaper said.
"Crime is crime," Yates planned to say in her address, according to excerpts released by the Justice Department.”*
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