Patrick Leahy, Where are You?
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December 24, 2012 - 2:56am
Where is Judiciary Chairman Patrick Leahy on Big Bank Crimes and Obama?
by Matt Stoller, Naked Capitalism
Last week’s big revelation on banking is that it is now official Department of Justice policy under Obama that big banks and their executives are above the law. HSBC was caught laundering money for both terrorists and drug dealers, and DOJ officials told the New York Times that they would not prosecute the bank under money laundering statutes, lest the financial system be destabilized. This was shocking, but consistent with policy made explicit by DOJ’s Head of Criminal Division Lanny Breuer back in September.
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