REFinBlog

Editor: David Reiss
Cornell Law School

November 26, 2012

Borden & Reiss: “An Uneasy Justification for Prosecutorial Abdication in the Subprime Industry

By Brad Borden

In an Uneasy Justification for Prosecutorial Abdication in the Subprime Industry, Professors Brad Borden and David Reiss argue that individuals must be accountable for actions they took that led to the financial crisis. Failure to prosecute individuals will not deter similar behavior in the future and we can expect other crises, if prosecutors do not take actions against individual wrongdoers.

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