You know it’s bad when even Washington D.C. insiders (and Democrats to boot) cringe at the cruel joke that the Department of Injustice has become under Eric “Fast and Furious” Holder. Look, we all know that in any government there is going to be some level of corruption, but when the country’s chief law enforcement officer is so obviously a lying crook and he stays in his position you know the ship is about to sink. Truly a great job by Richard Eskow for the Huffington Post on this one.
More and more Washington insiders are asking a question that was considered off-limits in the nation’s capital just a few months ago: Who, exactly, is Attorney General Eric Holder representing? As scandal after scandal erupts on Wall Street, involving everything from global lending manipulation to cocaine and prostitution, more and more people are worrying about Holder’s seeming inaction — or worse — in the face of mounting evidence.
The problem isn’t a shortage of scandalous stories. We’ve seen a lot of those. What we haven’t seen, at least here in the United States, is a single indictment of a senior Wall Street banker from the United States Department of Justice. And that’s what has these political insiders concerned.
A growing number of people are privately expressing concern at the Justice Department’s long-standing pattern of inactivity, obfuscation and obstruction. Mr. Holder’s past as a highly-paid lawyer for a top Wall Street firm, Covington and Burling, is being discussed more openly among insiders. Covington & Burling was the law firm which devised the MERS shell corporation that has since been implicated in many cases of mortgage and foreclosure fraud.
“The other agencies have been working pretty hard on this effort,” said a source. “But it’s Justice’s show, and they’re not moving.”
Several of the people we spoke with expressed concern that senior Administration officials like Holder may be protecting their relationships on Wall Street because they hope to resume their careers there after leaving public service.
The Justice Department has continued to say that it’s difficult to win convictions in bank fraud cases, but an old-fashioned, Mob-style prosecution recently proved them wrong. Worse, there’s no evidence that this Justice Department has even tried.
Meanwhile in the absence of punishment the bankers’s behavior is getting more and more extreme, like pyromaniac children begging to be caught.
For this must read article go here.