The Daily Caveat is written by Michael Thomas, a recovering corporate investigator in the Washington, DC-area.

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Previous Posts Archives
2/26/2008
Ashcroft to Testify on Monitorship Scandalousnes
This is a turn-about for the former Attorney General, who had previously indicated he would not be deigning to comment on type of the sweetheart deals that stand to make his consultancy a cool $50 million. Details in the WaPost.

-- MDT

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1/21/2008
Interesting Comments on Corporate Monitorships from NJ Congressman
Following up on this story, New Jersey Congressional Representative, Bill Pascrell, offers some interesting commentary on the controversial administration of corporate monitorships. Obviously the Jersey ties are strong on this issue, given the recent Ashcroft / Christie matter. Pascrell covers that ground and beyond, offering up a critique of the current system and suggestions for potential reforms. Worth a look.

-- MDT

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1/17/2008
When Oversight Becomes Overindulgence - Corporate Monitorships Under Scrutiny
The GAO (The Daily Caveat loves the GAO) has been asked by members of Congress to take a look at the use of outside compliance monitors by the Justice Department in criminal investigations - specifically, the way in which contracts have been awarded and overseen.

Take, for example, the $50 million dollar contract offered to The Ashcroft Group (that would be former Attorney General, John Ashcroft for those of you playing at home) by U.S. Attorney Christopher Christie in New Jersey.

Congress is considering a bill that would allow it oversight of the deferred prosecution agreements (controversial in their own right) that often result in this type of, potentially lucrative government monitoring. See this lengthy piece from The Washington Post for more details.

-- MDT

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