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March 27, 2013

Better Markets’ Dennis Kelleher: Wall Street a High Crime Area

Wall Street is a high crime area.

So says Dennis Kelleher — a former Skadden Arps partner and current president of Better Markets, a public interest group based in Washington, D.C.

“‘Wall Street will remain a high crime area until senior executives and their companies are criminally prosecuted and personally punished with meaningful sanctions,’ Kelleher told Corporate Crime Reporter. ‘Then, and only then will law enforcement return to Wall Street.’

In the run up to the May 3 Corporate Crime Reporter’s conference at the National Press Club, we reached out to Kelleher and asked him about the failure of the Securities and Exchange Commission (SEC) and the Justice Department to bring criminal prosecutions against the big banks and their executives.”

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Read full Corporate Crime Reporter article here

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