Most of the settlement, which included no admission of wrongdoing, will go toward reducing the students' rents and improving conditions of their rooms, the attorney general's office said.
But changing attitudes toward corporate wrongdoing, combined with the S.E.C.'s certification requirement, make the threat of such prosecutions much more real, he said.
A British parliamentary panel issued a report on Tuesday on the phone-hacking scandal, concluding that Rupert Murdoch was "not a fit person" to run a huge international corporation, saying he exhibited "willful blindness" toward the wrongdoing within his company, Alan Cowell and John F. Burns reported.
In the United States, there is a historical expectation that the wrongdoing of white people toward people of color needs the closure of forgiveness ― a forgiveness that closes the loop of a situation in order to allow the oppressor or perpetrator to move on.
If we truly want to deter future wrongdoing, we should move increasingly toward exposing individual misconduct and holding individuals accountable".
Ultimately, Mr. Glisan was said to struggle with admitting that he had engaged in wrongdoing, a required first step toward any agreement with prosecutors.
DealBook » TUESDAY, OCT. 8 SAC Is Said to Weigh Plea Deal to End Case | After months of fighting the government's insider trading case tooth and nail, the hedge fund is leaning toward admitting criminal wrongdoing and agreeing to pay a record financial penalty to resolve the charges.
After months of fighting the government's insider trading case tooth and nail, the hedge fund SAC Capital Advisors is leaning toward admitting criminal wrongdoing and agreeing to pay a record financial penalty to resolve the charges, according to two people briefed on the deliberations.
SAC IS SAID TO WEIGH PLEA DEAL | The hedge fund SAC Capital Advisors, after months of fighting the government's insider trading case, is leaning toward admitting criminal wrongdoing and agreeing to pay a record financial penalty to resolve the charges, DealBook's Peter Lattman reports.
There are just a few contrasts between individual and institutional crimes and wrongdoing and our different responses toward them.
