Andrew W. Schilling quoted in New York Times article, “Trump administration spares corporate wrongdoers billions in penalties”
New York TimesAndrew W. Schilling
Andrew W. Schilling was quoted on November 3, 2018 in a New York Times article, “Trump administration spares corporate wrongdoers billions in penalties,” which discussed the decline in penalties for financial fraud following the change from the Obama administration to the Trump administration. The article stated, “Across the corporate landscape, the Trump administration has presided over a sharp decline in financial penalties against banks and big companies accused of malfeasance, according to analyses of government data and interviews with more than 60 former and current federal officials. The approach mirrors the administration’s aggressive deregulatory agenda throughout the federal government.”
Schilling added, “Certainly, 10 years out of the financial crisis you’re not going see quite the same activity, but I never thought I would see financial fraud enforcement fall off as sharply as it has.”
The article also noted the use of Buckley Sandler’s FCA/FIRREA Case Tracker as part of its research.