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"How could prosecutors drop a case where over one billion dollars in client money has gone missing, and where a CEO is throwing his hands up and saying he has no clue," asks Cornelius Hurley, director of the Boston University Center for Finance, Law & Policy.
"It gets your blood boiling," says Hurley, former counsel to the Fed Board of Governors. He notes that the statute of limitation on charging Corzine far off "so for anyone to say this early in the game that Corzine is off the hook criminally is a someone that didn’t have the courage to convict him anyway."
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