Goldman Non-Prosecution: AG Eric Holder Has No Balls

[Octafish]

No offense, General. I expect justice when it comes to the Banksters. Matt Taibbi explains:

Goldman Non-Prosecution: AG Eric Holder Has No Balls

Matt Taibbi
Rolling Stone, Taibblog, August 15

I’ve been on deadline in the past week or so, so I haven't had a chance to weigh in on Eric Holder’s predictable decision to not pursue criminal charges against Goldman, Sachs for any of the activities in the report prepared by Senators Carl Levin and Tom Coburn two years ago.

Last year I spent a lot of time and energy jabbering and gesticulating in public about what seemed to me the most obviously prosecutable offenses detailed in the report – the seemingly blatant perjury before congress of Lloyd Blankfein and other Goldman executives, and the almost comically long list of frauds committed by the company in its desperate effort to unload its crappy “cats and dogs” mortgage-backed inventory.

In the notorious Hudson transaction, for instance, Goldman claimed, in writing, that it was fully "aligned" with the interests of its client, Morgan Stanley, because it owned a $6 million slice of the deal. What Goldman left out is that it had a $2 billion short position against the same deal.

If that isn’t fraud, Mr. Holder, just what exactly is fraud?

CONTINUED...

http://www.rollingstone.com/politics/blogs/taibblog/ag-eric-holder-has-no-balls-20120815

Vampire Squidco and the Big Banksters get to stay in business because they can afford expensive lawyers.

That means the average schmuck, er, cosumer, er... citizen is square out of luck. Ask Gov. Siegelman.

[nc4bo]

1. Either he doesn't have any or someone(s) else is holding them.

Perhaps one day we'll find out exactly why big bankies can pillage, launder and steal without fear of prosecution.

[Kaleko]

8. We aleady have found out why.

A long time ago. But maybe now it will finally become common knowledge thanks to the internet?


“Let me issue and control a nation’s money and I care not who writes the laws.”

- Mayer Amschel Rothschild (1744-1812), founder of the House of Rothschild.



“The few who understand the system will either be so interested in its profits or be so dependent upon its favours that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.”

- The Rothschild brothers of London writing to associates in New York, 1863.


http://www.themoneymasters.com/the-money-masters/famous-quotations-on-banking/

[hifiguy]

2. He was appointed to be a lapdog and protect

the fraudsters. He is so brave in having MMJ dispensaries raided and prosecuted. The worst and most worthless AG appointed by a Democratic President since A. Mitchell Palmer. A walking disgrace, an ambulatory turd.

[MrTriumph]

3. It is an outrage. And the outrage should be directed at the current administration.

It is an outrage. And the outrage should be directed at the current administration.

[Webster Green]

4. He is a disgrace to the office he holds.

I can't stand him.

But there is actually quite a lot about the Obama administration that I can't stand.

[Angry Dragon]

5. Holder needs to go after the election

[99th_Monkey]

6. Criminally bankrupt the USA economy? Hey, your "A-OK"

but you'd better not smoke a joint, or you'll be swallowed
up in a heart beat by Corporate-owned prisons for profit,
where they throw away the keys.

[MotherPetrie]

7. And to think Repugs were against his appt. He's been their best friend. He's worthless and useless.

[OnyxCollie]

9. Massive fraud? No problem.

Torture? Mere "policy differences."

Medicinal marijuana? Up against the car, long hair!

Eric "Sleepy" Holder is on the job!

[NBachers]

10. My mental image of Holder is a guy sitting, mute and catatonic, motionless, just taking up space

and preventing anyone else from occupying that space. An inert piece of matter - clay

[pscot]

11. K&RI really expected something better

from Mr. Obama's DOJ, him bing a "Constitutional Scholar" and all.

[JDPriestly]

12. Wish I could recommend this a thousand times.

Holder will work at the Justice Department for eight years - that's not very long.

And then he will need a job.

And just think how great eight years as Chief Justice of the United States will look on his resume.

Wouldn't want to ruin the chance for a great future by stepping on the toes of some VIP at Goldman would we?

The Supreme Court, of course, is an alternative, but the pay is not nearly as good as some of those Wall Street firms.

[just1voice]

13. So few of our propagandized population even understands the massive corruption

that corrupt Holder refuses to prosecute. We do indeed live in an era of corruption and it will only start to turn around with 1 simple step: prosecution.

As I just read here on DU, maybe it should be posted all over twitter and facebook, LOL.