Thursday, August 28, 2008

Justice Dept. Guidelines For Corporate Crimes

NEW YORK (Reuters) - The U.S. Justice Department announced new guidelines on Thursday for investigating corporate crime cases, following criticism that prosecutors have gone too far in pressing companies to cooperate with criminal probes and restricted individual defendants' rights.

U.S. Deputy Attorney General Mark Filip said the rules would be binding with immediate effect on the department's prosecutors. Filip said he hoped the U.S. Securities and Exchange Commission and other government agencies would also follow the revised policy.

This is great. As a socially responsible accountant, I will do my best to follow a Triple Bottom Line unlike the Smartest Guys in the Room.

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