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Putting TRAC to Work |
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Policy and Public Interest Groups |
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Government Accountability Institute |
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August 1, 2012 |
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Justice Inaction: The Department of Justice’s Unprecedented Failure to Prosecute Big Finance
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Under Holder's watch, federal prosecutions have doubled, according to the Transactional Records Access Clearinghouse, a data-gathering organization at Syracuse University. Health-care fraud prosecutions reached a historic high in 2011 - a 68.9 percent jump from 2010. While prosecutions have similarly skyrocketed in civil rights abuses, the federal government has yet to file a single CRIMINAL prosecution against any top executive of an elite financial institution. Financial fraud prosecutions by the Department of Justice are in fact at a 20-year low, although the DOJ explains that the number would be higher if new categories of crime were taken into account.
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Transactional Records Access Clearinghouse, Syracuse University
Copyright 2012
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