Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Eric's career includes extensive work in both public and corporate accounting with ...

President Bush's commutation of the Libby sentence is another disconnect within this administration. In the president's statement explaining why he commuted the sentence, he says he respects the legal ...

In simple terms, a commutation reduces a criminal penalty. This may include shortening a prison sentence or replacing a death sentence with life imprisonment. Unlike a pardon, which forgives a crime ...