It's no secret that the Bush administration really doesn't see any problems with fraudulent corporate behavior (so long as the company doesn't collapse) but did you know they have figured out a way to extort millions from corporations in exchange for not prosecuting fraud?
And it's a really good gig if you can get it. Here's how it works. Catch a publicly traded corporation red-handed and threaten them with prosecution unless they put a Republican crony on the payroll to the tune of millions of dollars to act as a "monitor" to make sure they sin no more.
The practice of using monitors is not new and has had success stories. It's the Bush brand of using monitors, up 700% since 2001 that has caused concern. Per the Wapo, "In the past few years, U.S. attorneys in Alabama, New York and Virginia have turned to corporate monitors to keep companies clean, hiring various former prosecutors and SEC officials with ties to President Bush, his father and other Republican luminaries."
John Ashcroft just landed the biggest deal ever on a no-bid monitoring contract that will net his consulting firm $28 to $52 MILLION DOLLARS!