Sunday, July 12, 2015

Stealing $500 is a felony.

A settlement for fraudulent behavior which cost billions of dollars is just the cost of doing business.

Rolling Stone -- Matt Taibbi
Eric Holder, Wall Street Double Agent, Comes in From the Cold
Barack Obama's former top cop cashes in after six years of letting banks run wild.

“Here's a man who just spent six years handing out soft-touch settlements to practically every Too Big to Fail bank in the world. Now he returns to a firm that represents many of those same companies: Morgan Stanley, Wells Fargo, Chase, Bank of America and Citigroup, to name a few”.

“Holder doesn't look it, but he was a revolutionary. He institutionalized a radical dualistic approach to criminal justice, essentially creating a system of indulgences wherein the world's richest companies paid cash for their sins and escaped the sterner punishments the law dictated.”

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