Skip to main content

Black Listed News
Trending Articles:
Trending Articles:

Attorney General Eric Holder Paid No Attention to Bank Fraud: “Wall Street Wasn’t Even On His Radar”

Published: June 29, 2014
Share | Print This





Holder: A Stooge for Wall Street

Attorney General Eric Holder’s statements that prosecuting Wall Street fraud would hurt the economy is exactly backwards: the experts say that failing to prosecute fraud is dooming our economy.

But prosecuting fraud was never on Holder’s radar.

Politico notes:

Ted Kaufman, a former Democratic Delaware senator who chaired Judiciary Committee hearings examining the dearth of prosecutions, says the lack of action on Wall Street corruption is likely to be “the single biggest thing” historians remember about Holder’s tenure. “The attorney general has done a lot of good things, don’t get me wrong. But this is certainly not his finest hour, not by a long shot,” Kaufman told me. “It just doesn’t pass the sniff test.”

In a scathing report released in March, the Justice Department’s own inspector general found that the criminal division’s efforts to hold Wall Street executives accountable were a low priority—in some cases, the lowest priority—despite Holder’s claim that it was at the top of his to-do list. “It was never his priority,” a former top Holder deputy told me. “He cared about national security and civil rights. … Wall Street wasn’t even on his radar.”

This is too charitable …

In reality, Holder laid the groundwork for the “too big to jail” approach in 1999.

And Holder and his head of the Department of Justice’s Criminal Division were partners at a law firm which used to represent the big banks, Fannie and Freddie, and which wrote the legal opinion which allowed the creation of the cancerous MERS scam … which was at the heart of the foreclosure crisis.

Indeed,  Wall Street was Holder’s priority … specifically, protecting Wall Street criminals and prosecuting whistleblowers.

Share This Article...



Image result for patreon

Emigrate While You Still Can!

Loading...


Image result for patreon


PLEASE DISABLE AD BLOCKER TO VIEW DISQUS COMMENTS

Ad Blocking software disables some of the functionality of our website, including our comments section for some browsers.





Login with patreon to gain access to perks!

SIGN UP TO GET BLACKLISTED NEWS DELIVERED RIGHT TO YOUR INBOX

Enter your email address:




More Blacklisted News...

Blacklisted Radio
Blacklisted Nation
On Patreon
On Gab
On Twitter
On Reddit
On Facebook
Blacklisted Radio:
Republic Broadcasting
Podcasts on Youtube
Podcasts on Demand
On Iheart Radio
On Spreaker
On Stitcher
On iTunes
On Tunein

Our IP Address:
198.245.55.242

Sponsors:
Garden office

good
longboard
brands


Advertise Here...






BlackListed News 2006-2019
Privacy Policy