‘Banker Gangs’ Are Still On the Loose and the Justice Department Still Won’t Come Clean (crooksandliars)
No financial executives have gone to jail, despite an overwhelming body of
evidence indicating that a group of organized “banker gangs” conducted a
widespread Wall Street crime wave that made them rich and while throwing
millions into poverty. The Justice Department’s failure to act against these
bankers is matched only by its declining credibility — a problem it only
makes worse whenever it tries to defend itself.
An interview with an outgoing Justice official in today’s _Wall Street
__Journal_ is merely the latest in a sad parade of weak excuses and
implausible arguments, and it comes on the heels of Justice Department
official Lanny Breuer’s poor _60 Minutes_ showing this week on the same topic.
Stop. Just stop. If nobody at Justice can get the job done, it’s time for the
Administration to bring in a whole new team and start again. Did everybody in
the banking business break the law? No. Very few did. But some of the ones
that did appear to be very well-placed, and if they’re not punished they’ll do
it again and again.
**Broken Trust**
The credibility problem with Holder’s (and Obama’s) Justice Department doesn’t
just stem from its failure to act, …
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