Putting TRAC to Work
Legal and Scholarly
Edmond J . Safra Research Lab for Ethics, Harvard University
October 11, 2012
23 No Charge : Why Regulatory Institutions Have Prosecuted So Few Bankers; and Why It Matters By Gregg Fields
	While there may be disagreements about the causes, what is clear is that white-collar prosecutions have tumbled, according to the Transactional Records Access Clearinghouse at Syracuse University. TRAC found that white-collar crime prosecutions for the first 10 months of fiscal 2012 are down 16.5 percent from the previous year. Although they are up a bit – 6.7 percent – from five years ago, they are 11.9 percent below from 10 years ago, and 18.6 percent from 20 years ago. The trend is even sharper with bank fraud prosecutions. They are down 17.2 percent in the last year, 29.6 percent over the last five years, and 55 percent from 10 years ago. They are off by 47 percent from 1992. External Link
	Transactional Records Access Clearinghouse, Syracuse University Copyright 2014