Judge Richard Posner says that criminal law is for the little guy. The SEC agrees. The Department of Justice agrees. Barack Obama agrees. Larry Summers agrees. Who are we to criticize?
|By: masaccio Monday September 9, 2013 4:00 pm|
|By: David Dayen Friday May 25, 2012 7:32 am|
The Securities and Exchange Commission has ended their probe of Lehman Brothers without making any enforcement actions. It’s only the latest in a series of investigations that have either turned up empty or resulted in what amounts to a slap on the wrist.