| Author: |
[Politics] Topic: How's Holder doing in prosecuting the Wall St execs ruining this country? |
|
ClubDirt |
 View Space | Blog | Friends | Playbook | |
MVP
Joined: May 2003
Posts: 16908
Location: United States |
#1 Posted: 8/12/2012 2:37:14 PM
here's the article.
here are some highlights.
Peter Schweitzer, whose book "Throw them all out"
exposed members of Congress in both parties profiting on insider
information obtained as a result of their offices.
"the federal government has yet to file a single
criminal prosecution against any top executive of an elite financial
institution. Financial fraud prosecutions by the Department of Justice
are in fact at a 20-year low, although the DOJ explains that the number
would be higher if new categories of crime were taken into account.
As an example, the report points to Holder's
relationship with Covington & Burling, a white-shoe law firm that
represents many top Wall Street corporations, including Goldman Sachs,
Bank of America, Citibanks, Wilmington Trust, Deutsche Bank, NG, Morgan
Stanley and UBS. Prior to his 2009 appointment as Obama's attorney
general.
|
|
quote |
|
be easy |
View Space | Blog | Friends | Playbook | |
MVP
Joined: Oct 2006
Posts: 15378
Location: Pennsylvania |
#2 Posted: 8/12/2012 2:42:49 PM |
|
quote |
|
wallstreetcappers |
View Space | Friends | Playbook | |
Covers Linesmen
Joined: Feb 2003
Posts: 47717
Location: United States |
#3 Posted: 8/12/2012 3:38:30 PM
|
|
quote |
|
ClubDirt |
View Space | Blog | Friends | Playbook | |
MVP
Joined: May 2003
Posts: 16908
Location: United States |
#4 Posted: 8/12/2012 4:04:22 PM 
|
|
quote |
|
wallstreetcappers |
View Space | Friends | Playbook | |
Covers Linesmen
Joined: Feb 2003
Posts: 47717
Location: United States |
#5 Posted: 8/12/2012 5:14:39 PM QUOTE Originally Posted by ClubDirt: deferred prosecution agreement = pay us a bunch of money, although a fraction of what you made breaking the law, and we won't bother you anymore.
That is common practice..just how Goldman isnt going to be prosecuted for their crimes..who would have thought? |
|
quote |
|
|
|
slikstiks99 |
View Space | Friends | Playbook | |
Captain
Joined: Sep 2006
Posts: 5130
Location: Zambia |
#6 Posted: 8/12/2012 6:40:18 PM It pisses me off when people condemn the Obama administration for not holding guilty parties accountable. News flash: The accused are partial figureheads of the entities that are really in control of this country. As if something would be different if a Republican admin was in power.
Get mad at this complete joke of an election process. It is just an oligarchy after the money has changed hands during the election process. |
|
quote |
|
ClubDirt |
View Space | Blog | Friends | Playbook | |
MVP
Joined: May 2003
Posts: 16908
Location: United States |
#7 Posted: 8/12/2012 7:05:44 PM QUOTE Originally Posted by slikstiks99: It pisses me off when people condemn the Obama administration for not holding guilty parties accountable. News flash: The accused are partial figureheads of the entities that are really in control of this country. As if something would be different if a Republican admin was in power.
Get mad at this complete joke of an election process. It is just an oligarchy after the money has changed hands during the election process.
that's true, silk, but i'd rip the republicans for letting it slide and the democrats deserve the same treatment. if anything, the democrats are worse. everyone knows, at this point, that the republicans are just out for the rich and the corporations and couldn't give a garbage about anyone else. they don't make a secret of it anymore. you expect it out of them. the democrats pretend to be different.
|
|
quote |
|
dl36 |
RSI  |
Covers Rehab
Joined: Jul 2003
Posts: 22645
Location: United States |
#8 Posted: 8/12/2012 9:24:00 PM
|
|
quote |
|
ClubDirt |
View Space | Blog | Friends | Playbook | |
MVP
Joined: May 2003
Posts: 16908
Location: United States |
#9 Posted: 8/13/2012 8:35:46 PM
|
|
quote |