When the Justice Department fined E.F. Hutton $2 million in May for engaging in a complex check-kiting scheme, many critics complained that Attorney General Edwin Meese had not applied to executive-suite crime the standard that the Reagan Administration invokes for less well-heeled violators. Even though Hutton pleaded guilty to 2,000 separate charges of mail and wire fraud, the Government did not charge any individuals with wrongdoing. Former Attorney General Griffin Bell, who was hired by Hutton to conduct an independent, internal investigation of the case, is expected to set the record straight when he releases his formal report this week.
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