Monday, January 26, 2009

Money Needed For Financial Oversight & Prosecution of White Collar Crimes

US Senators Charles E. Schumer and Richard Shelby will be calling for more resources to "add hundreds of new investigators and prosecutors to the financial fraud units at the nation’s top law enforcement agencies in order to expose and punish white-collar crimes that have contributed to the ongoing fiscal crisis." (see press release here).  The press release states that the, "Supplemental Anti-Fraud Enforcement ('SAFE') Markets Act, would dedicate an additional $110 million annually for these new hires. The senators said they would seek to pass the additional funding at the earliest possible opportunity." It is good to see that white collar crime is being recognized as an important priority.  But it is hoped that with the increase in law enforcement resources, there will also be an increase in resources to indigent defense so that we have a system that truly recognizes the importance of a fair judicial system. 

http://lawprofessors.typepad.com/whitecollarcrime_blog/2009/01/money-needed-fo.html

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Comments

That is well and good, however, it should not drown out other criminal prosecutions that should take place for torture and perjury which occurred in front of our eyes.

Posted by: Dredd | Mar 12, 2009 7:24:40 AM

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