Sunday, September 28, 2014

Too Big to Jail

Attorney General Eric Holder
  • Fortune -- Eric Holder's Business legacy
    "in recent years Holder has certainly been punishing banks with unprecedented civil fines and penalties."
    "The attorney general secured no big-name convictions from the financial crisis."
  • New York Review of Books -- Judge Rakoff On the Financial Crisis
    U.S. District Judge Jed Rakoff, a former chief of the business fraud unit of the Manhattan U.S., conveys his slack-jawed disbelief that the “colossal frauds” the government has alleged in so many civil cases could not also have engendered at least one successful criminal prosecution.