Ashcroft testifies about lucrative white-collar law firm deals

John Ashcroft is back in the Capitol today.

The former Attorney General is testifying today before the House Subcommittee on Commercial and Administrative Law hearing on “Deferred Prosecution: Should Corporate Settlement Agreements Be Without Guidelines?” Ashcroft is set to address lucrative agreements between federal prosecutors and hand-selected law firms to monitor corporations accused of wrongdoing.

His testimony comes a day after the Department of Justice released new guidelines for the use of the so-called ‘deferred prosecution agreements’ in white-collar cases. The White Collar Crime Prof blog has the DOJ memorandum announcing the guidelines.

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