No. of corporate securities and bank fraud prosecutions at 20-year low
In an explosive Newsweek article set to rock official Washington, reporter Peter Boyer and Breitbart contributing editor and Government Accountability Institute President Peter Schweizer reveal how Attorney General Eric Holder and the Department of Justice are operating under a “justice for sale” strategy by forgoing criminal prosecution of Wall Street executives at big financial institutions who just so happen to be clients of the white-shoe law firms where Holder and his top DOJ lieutenants worked.
Even as President Barack Obama and Holder co-opt the Occupy Wall Street rhetoric of getting “tough” on the Big Banks and Big Finance, the Newsweek investigative report reveals that Eric Holder has not criminally charged or prosecuted a single top executive from any of the elite financial institutions thought responsible for the financial crash. And why would they? As Boyer and Schweizer report, “through last fall, Obama had collected more donations from Wall Street than any of the Republican candidates; employees of Bain Capital donated more than twice as much to Obama as they did to Romney, who founded the firm.”