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Tag Archives: U.S. Attorney for the Southern District of New York

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Justice Department rockstar,  Preet Bharara, the U.S. Attorney for the Southern District of New York is pursuing a new policy to prosecute large banks that break the law.

So far large banks have been able to avoid criminal prosecution by agreeing to settlements and paying large fines but that approach has been heavily criticized.

Now the punishing prosecutor wants big jail time for big banks

Bloomberg’s Sam Grobart takes a look at the complicated task of prosecuting a big bank. http://www.bloomberg.com/