It gives us no information whatsoever. No billable hours, no reimbursable expenses.

We are not just talking about the manager. We are not talking about a manager of a baseball team...

In these corporate situations sometimes the public never knows of the wrongdoing of the corporation, and the public is harmed.

I understand that corporations are different than individual citizens in that they represent a large number of stockholders.

But nevertheless, the offenses that the corporations are generally alleged to have committed, are more serious than the minor misdemeanor that a person might have committed as a first criminal offense.

I would suggest, Mr. Chairman that it ought not to be the prosecutor.

To them I need cite only one example, AIG, 2004, 2006--two deferred prosecutions and it worked well, didn't it?

I believe we have a solemn to oversee these practices and take corrective action when it is called for.

I would ask unanimous consent to introduce at the appropriate time, the original press release that identifies this earmark to this company called Smith & Nephew by the gentleman from Tennessee, Mr. Cohen, an $800,000 earmark.

I wonder how many of those lost their jobs and lifelong savings, would say that the deferred prosecution system did its job?

Nobody turned one down.