Prof. Sokol Quoted in Wall Street Journal on Libor

Professor D. Daniel Sokol was quoted in the Wall Street Journal regarding collusion among Libor setting banks. Sokol, an antitrust expert, discussed the complexities of criminal antitrust, detection of wrongdoing and coordination across antitrust and other regulatory enforcers. Analyzing leniency from prosecution for cooperation with antitrust authorities he said, "you could well see situations" where a "bank gets immunity from criminal charges but one or more of its traders goes to jail for price-fixing."