Constant's pations

If it's more than 30 minutes old, it's not news. It's a blog.

Monday, September 27, 2004

China's party talks about corruption -- the leadership do not have a monopoly on power

Too bad the US doesn't take the same approach.

US Prosectors have immunity if they fail to take cases, prosecute, or combat corruption.

Will the US learn from China and put corruption high on the list?

The SEcurities and Exchange Commission can't get enough money. The US investor has to rely on the likes of Elliot Spitzer in NY to regulate the securities market in the US.

FBI agents regularly rebuff information related to white collar crime; and DoJ is putting pressure on the US Attorneys not to go after police corruption.

Only 25 cases last year. Well down. Besides they don't even have court orders.