By: Lawrence Wolf The financial crisis caused millions of Americans to lose their jobs, which led to home foreclosures. Public outcries demanded the bankers who created the financial crisis be held responsible. Since then, the Justice Department has only convicted one high-level banker, who is now in prison. Rather than charging an individual, the Justice Department penalizes the companies with civil penalties. This may be because the Justice Department’s efforts to charge financial criminals have failed.

Dewey & LeBoef Mistrial

The Dewey & LeBoef trial lasted four months in the courtroom, followed by 22 days of deliberation. The complexities of the Dewey & LeBoef case overwhelmed the jurors to the point that they could not reach a verdict.