” To be clear: No individual or company, no matter how large or how profitable, is above the law. When the Department of Justice conducts investigations, we will always follow the law and the facts wherever they lead.” Except, of course, when the Justice Department doesn’t want to do it’s job because it is investigating itself…..
Holder on banks: ‘Too big to jail’ doesn’t apply
WASHINGTON — Foreshadowing possible criminal charges against banking giants Credit Suisse and BNP Paribas, Attorney General Eric Holder offered an ominous warning Monday, saying, “There is no such thing as too big to jail.”
“Some have used that phrase to describe the theory that certain financial institutions, even if they engage in criminal misconduct, should be considered immune from prosecution due to their sheer size and their influence on the…
View original post 371 more words