Attorney General Eric Holder
The Judiciary Report has remarked for several months, there has been a very low number of arrests by the Justice Department of criminals in Corporate America that caused the unprecedented financial crisis of 2008 that is still negatively impacting the economy.
Some of the nation's richest citizens, brought America to this terrible point of financial ruin, robbing many of their life savings, pensions and homes and should be held accountable in a court of law.
The sad fact of the matter is the Obama Administration is following in the footsteps of the Bush Administration, in protecting high profile, wealthy criminals in the corporate sector, who continue to engage in egregious financial crimes. The nation and the world expected more from Obama.
Cases against Wall Street lag despite Holder's vows to target financial fraud
Friday, June 18, 2010 - Since taking office at the height of the financial crisis, President Obama has promised to hold Wall Street accountable for the meltdown. Attorney General Eric H. Holder Jr. reinforced that message in November when he vowed to prosecute Wall Street executives and others responsible for the crisis...
Nearly 1 1/2 years into Obama's tenure, despite several cases against mortgage companies whose lending practices contributed to the crisis, the administration has not brought any charges against the big Wall Street banks that took those loans, converted them into toxic securities and pumped them into the world's financial markets. Law enforcement sources say no such charges are imminent...
