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  •  Do we still have any financial fraud prosecutors (19+ / 0-)

    in the DOJ?

    And if so, why with financial fraud up are financial fraud prosecutions down since  Eric Holder took over?

    And if that would cost them a position that would pay 4 Million Dollars a year, where is the incentive to prosecute?

    A prosecutor can avoid the entire supposed dilemma by prosecuting the senior officers who directed the fraud rather than the bank.

    "Who are these men who really run this land? And why do they run it with such a thoughtless hand?" David Crosby

    by allenjo on Wed Apr 03, 2013 at 09:27:38 AM PDT

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    •  apparently we have economic watchdogs... (20+ / 0-)

      Because holder's statement always struck me as something only aprropriate for an economic appointee to say. Holder's job has nothing to do with bolstering the economy. his job is law enforecment and only law enforcement.
      does he fret over the economic havoc wrought on the family of a drug dealer he puts away?
      I doubt it.
      Then he has no business worrying about the economic effects of doing his job. In fact, doing so is a direct and substantial disavowal of the oath he took.

      there are only two possibilities here; either Holder is way out of line and needs to be dragged back to his job, or he is following orders from soemone above his pay grade in the administration.
      the second is more troubling than the first, but, let's face it, far more likely given the histroy of the last decade.

      Last full month in which the average daily temperature did not exceed twentieth-century norms: 2/1985 - Harper's Index, 2/2013

      by kamarvt on Wed Apr 03, 2013 at 10:27:38 AM PDT

      [ Parent ]

      •  Holder's job has nothing to do with bolstering the (4+ / 0-)
        Recommended by:
        aliasalias, elwior, divineorder, mrkvica

        economy, as you said, nor does it seem that his job has anything to do with administering the laws that would adversely affect those savvy guys on Wall Street.

        Lots of small time crimes sucessfully prosecuted however with one DOJ attorney quoted as saying let this serve as a warning to those who would harm our financial sector!!!!!!!

        Where do they get these guys, other than Covington, where the rewards seem to be great for those leaving public service that did their part by not prosecuting?

        "Who are these men who really run this land? And why do they run it with such a thoughtless hand?" David Crosby

        by allenjo on Wed Apr 03, 2013 at 01:32:56 PM PDT

        [ Parent ]

    •  Bruer got paid 4 Million (2+ / 0-)
      Recommended by:
      allenjo, NoMoreLies

      for doing his job at the DOJ by not prosecuting. He also retains his partnership share in the firm which has many millions in worth.

      Once people understand that Breuer and Holder should never have been considered much less appointed , it gets clearer that the responsibility moves up.

      It's like  putting Al Capone's Lawyer in Charge of the Enforcement division at the IRS.

      “ Success has a great tendency to conceal and throw a veil over the evil of men. ” — Demosthenes

      by Dburn on Wed Apr 03, 2013 at 05:07:49 PM PDT

      [ Parent ]

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