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In reply to the discussion: AG Holder: DOJ Nearing Decisions on Probes Involving Financial Firms and 2008 Market Crash [View all]delrem
(9,688 posts)"John Coffee, a law professor at Columbia University who studies white-collar crime and securities fraud, said the Obama administration has been appropriately criticized for being excessively equivocal and slow to respond to the financial crisis. But he said Mr. Holders remarks suggest he is responding to the temper of the times.
Nevertheless, Mr. Coffee said, he expected the five-year statute of limitations on many white-collar crimes may bar a successful prosecution of a number of precrash abuses."
sigh
By the way, I hit a firewall when clicking the link but when I googled the title of the article and clicked the link to WSJ I got in.
That trick gets past a lot of other firewalls too, like at Haaretz.
Re. the issue, I'll take *any tiny thing* as better than enabling these criminals. Wow, what a low bar....