An article this morning in the New York Times reported that 4.7 million cases were filed in the New York court system - the most cases ever filed. Most of these cases were either directly (bad debts and soured deals) or indirectly (domestic violence as a result of lost jobs and foreclosures) a result of the financial crisis. The article stated:
"Judges and lawyers say the tales behind any number of cases, including low-level offenses like turnstile jumping and petty theft, are often a barometer of bad times. And they said that the data showed that courts nationally would be working through the recession’s consequences for years, much as they did with the flood of cases stemming from the crack cocaine epidemic of the 1980s, even after the epidemic had slowed."
Read the article for yourself and make up your own mind -
NY Times Article.
No comments:
Post a Comment