• Bank Fraud,  Compliance

    What They’re Saying About White Collar Wire: “Sage advice . . . to any American citizen.”

    Generous comments from Professor Michael Greve at Liberty Law Blog: You can follow much of the current action [regarding banking and regulation] on WhiteCollarWire, which provides sage advice to bankers and, indeed, any American citizen: “Don’t read us because you’re a criminal. Read us because, some time or other, someone may think you are.” (In addition, the site provides fine literature reviews and martini recipes.)

  • Bank Fraud,  Evidence,  Insider Trading,  Securities Fraud,  Trials, Judges and Jurors

    New DOJ Cases From the Financial Crisis? Look For This Criminal/Civil Hybrid

    A good summary by Peter Henning, here —   DOJ Financial Crisis Cases?  — about possible future cases arising from the financial crisis and the Government’s use of a FIRREA provision.  In part: But pursuing criminal cases from the financial crisis gets increasingly difficult, especially against individuals, because unlike a good bottle of wine, evidence does not age well. Memories dim and the chance of finding the “smoking gun” e-mail or recording that can help implicate a defendant in a fraudulent scheme becomes less likely with the passage of time. Mr. Holder will more likely pursue charges under a civil statute that has become the Justice Department’s favorite tool of late against…