Lamarwaltersuccess Blog

December 31, 2013

USA TODAY: A CEO in cuffs? 2014 Wall Street crime predictions

Filed under: Uncategorized — lamarwalter @ 1:53 am

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From USA TODAY

A CEO in cuffs? 2014 Wall Street crime predictions

“You only find out who is swimming naked when the tide goes out,” wrote Warren Buffett. He was talking about the recession in 2002, but it also describes the lives of prosecutors and regulators following the financial meltdown in 2008. Now that markets and the economy are rebounding and the tide is rising, will the white-collar watchdogs get a rest in 2014? Don’t bet on it. Cybercrime, corruption and mortgage fraud are still alive and kicking. And the new year will bring new frontiers. Here are four predictions from the corporate crime beat for 2014. New sheriff in town After five years marked by a variety of controversies, look for Attorney General Eric Holder to step down soon. Holder has had some notable successes in white-collar enforcement, but in that realm he may be best remembered for Senate testimony last March — which he says was taken out of context — that some banks have become too big to prosecute.

http://usat.ly/KfyDPi

Lamar Walter Think Success Daily

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