Since the economic meltdown began in 2008, the media have waged a relentless attack on the financial industry as the greedy culprit. "So where are all the prosecutions that we were promised?" the white-collar bar has wondered. This article considers the likelihood that the DOJ and SEC will increase efforts to prosecute financial crimes, evaluating the Fraud Enforcement and Recovery Act of 2009, False Claims Act, increased SEC enforcement budget and other indicators of increased enforcement. The article, co-authored with David Krakoff and Samuel J. Buffone, appeared in the Business Crimes Bulletin (a Law Journal Newsletter).
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