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"The tribunal found the misconduct in this case to be very serious".
The self-cleaning tendencies of the Web got credit for unearthing the misconduct in the first place.
Even naming JPMorgan as a defendant is a bit of a misnomer because the bank was not involved in the misconduct in securitizing questionable subprime mortgages.
The company discovered the misconduct in an internal audit and reported violations of the law, called the Foreign Corrupt Practices Act, to the government, according to court filings.
"Our teams found that the misconduct in Citigroup's deals devastated the nation and the world's economies, touching everyone," said Loretta Lynch, the US attorney from Brooklyn.
A major goal of the investigation is to find out how much F.B.I. headquarters in Washington knew about the misconduct in its Boston field office.
Similar(32)
Several victims of the misconduct unveiled in In re Garlock have filed private RICO actions.
The partners involved in the egregious misconduct in the Waste Management case were barred by the S.E.C. from auditing public companies but were not disciplined by Andersen.
Among its recommendations it suggested creating a new criminal offence for the "reckless misconduct in the management of a bank".
The suits contend the misconduct occurred in late 2001 and this year.
Lost in the din was the substance of the information that was leaked pertaining to the shocking misconduct in Iraq and Afghanistan.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com