WASHINGTON -- Democratic presidential hopeful Bernie Sanders isn't terribly impressed with a new Department of Justice pledge to get serious about white-collar crime.

After years of shrugging off criminal prosecutions for Wall Street activity that fueled the 2008 financial crisis, the Department of Justice said Thursday that it will more aggressively target white-collar crime going forward. In a memo, the DOJ said it would now seek to hold both corporations and individual employees accountable for misdeeds.

It's about time, according to Sanders.

"One of the biggest mistakes our government made after the financial crisis was not prosecuting the people responsible for the greed, recklessness and illegal behavior that crashed our economy and ruined the lives of millions of Americans," the socialist senator from Vermont told HuffPost in a written statement. "It is not acceptable that many young people have criminal records for smoking marijuana, while the CEOs of banks whose illegal behavior helped destroy our economy do not."