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Economy
In reply to the discussion: STOCK MARKET WATCH -- Monday, 18 March 2013 [View all]Demeter
(85,373 posts)26. Bombshell: Senator Sherrod Brown Questions Obama Nominee on Too-Big-to-Jail Banks
http://www.alternet.org/economy/bombshell-senator-sherrod-brown-questions-obama-nominee-too-big-jail-banks?akid=10193.227380.mjtr6W&rd=1&src=newsletter810408&t=14&paging=off
Americans learned for the first time on March 6 of this year that the highest law enforcement agent in our country, Attorney General Eric Holder, weighs economic interests when deciding whether to enforce our Nations laws against criminal wrongdoers like the too-big-to-fail banks.
The spectacle of warped law enforcement grew worse today during the Senate Banking confirmation hearing of Mary Jo White to head the Securities and Exchange Commission. Under questioning by Senator Sherrod Brown (D-Ohio), White admitted that even the economy of a foreign country like Japan is taken into consideration before bringing a criminal indictment in the U.S. Even worse, White was forced to admit that while working for the U.S. Department of Justice as the U.S. Attorney for the Southern District of New York (from 1993 to 2002), she considered it appropriate to speak with Larry Summers (a Treasury Secretary in the Clinton administration) to weigh the economic impact of bringing an indictment....
THERE YOU HAVE IT, IN BLACK AND WHITE...CRONY CAPITALISM AT ITS WORST
Americans learned for the first time on March 6 of this year that the highest law enforcement agent in our country, Attorney General Eric Holder, weighs economic interests when deciding whether to enforce our Nations laws against criminal wrongdoers like the too-big-to-fail banks.
The spectacle of warped law enforcement grew worse today during the Senate Banking confirmation hearing of Mary Jo White to head the Securities and Exchange Commission. Under questioning by Senator Sherrod Brown (D-Ohio), White admitted that even the economy of a foreign country like Japan is taken into consideration before bringing a criminal indictment in the U.S. Even worse, White was forced to admit that while working for the U.S. Department of Justice as the U.S. Attorney for the Southern District of New York (from 1993 to 2002), she considered it appropriate to speak with Larry Summers (a Treasury Secretary in the Clinton administration) to weigh the economic impact of bringing an indictment....
THERE YOU HAVE IT, IN BLACK AND WHITE...CRONY CAPITALISM AT ITS WORST
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