Saturday, May 1, 2010

Justice Department Extortion Racket-6

"The top government prosecutor overseeing international corporate bribery investigations is expected to join New York-based Paul, Weiss, Rifkind, Wharton & Garrison LLP next month, following months of courtship by about half a dozen law firms. ... Government prosecutors frequently join private law firms when they leave the civil service. But there was a feeding frenzy surrounding the 42-year-old Mr. [Mark] Mendelsohn after rumors of his departure for private practice started to circulate last year. ... FCPA prosecutions and fines have increased sharply in recent years amid a broader global crackdown on corruption. ... Mr. Mendelsohn is a particular catch for Paul Weiss because the FCPA is particularly vague. ... As the government steps up regulation of many industries, law firms are particularly eager to hire top government lawyers, legal recruiters say. Jane Roberts, a legal recruiter in Washington, said top government attorneys can command $1 million to $2.5 million a year in compensation at private firms", Nathan Koppel at the WSJ, 14 April, 2010, link:

The FCPA is so vague it gives AUSAs many reasons not to prosecute. Reasons they collect after they leave the DOJ.


Anonymous said...

Why doesn't Congress write clearer, more simple laws?

Cause the issues are too complex for them, they don't study issues in depth and then rush the writing.

All which creates fat jobs for Mr. Mendelsohn and his ilk...

There should be a five year spread between regulator and regulated. At least five years.

Anonymous said...

How about a 5 year spread between when Congress collects money and when they can spend it?