The Justice Department is often zealous, sometimes to the point of recklessness, in prosecuting street crime and drug offenses. But it has been dilatory and feckless — our podcast guest this week calls it “chickenshit” — in prosecuting white collar criminals, many of whom helped to bring down the US economy in 2008.
Once, not that long ago, the government prosecuted the likes of Michael Milken and executives of Enron, Adelphia and Worldcom. It may have been the golden age of white collar prosecution.
