Elizabeth Warren Asks Newly-Chatty FBI Director to Explain Why DOJ Didn’t Prosecute Banksters

[kpete]

David Dayen
Sep. 14 2016, 9:00 p.m.

Like a lot of other Americans, Sen. Elizabeth Warren wants to know why the Department of Justice hasn’t criminally prosecuted any of the major players responsible for the 2008 financial crisis.

On Thursday, Warren released two highly provocative letters demanding some explanations. One is to DOJ Inspector General Michael Horowitz, requesting a review of how federal law enforcement managed to whiff on all 11 substantive criminal referrals submitted by the Financial Crisis Inquiry Commission (FCIC), a panel set up to examine the causes of the 2008 meltdown.

The other is to FBI Director James Comey, asking him to release all FBI investigations and deliberations related to those referrals. The FBI typically doesn’t release investigative details about cases that DOJ chooses not to pursue, but Warren pointed out that in releasing information about presidential candidate Hillary Clinton’s use of a private email server in July, he had pretty much shattered that precedent, and set a new one.

“You explained these actions by noting your view that ‘the American people deserve those details in a case of intense public interest,’” Warren wrote to Comey. “If Secretary Clinton’s email server was of sufficient ‘interest’ to establish a new FBI standard of transparency, then surely the criminal prosecution of those responsible for the 2008 financial crisis should be subject to the same level of transparency.”

In other words, if Comey can spend hours relating FBI decision-making about State Department emails, he can do the same for the activity that made millions jobless and homeless.


https://theintercept.com/document/2016/09/14/warren-letter-to-doj-ig/

https://theintercept.com/document/2016/09/14/warren-letter-to-fbi/


https://theintercept.com/2016/09/15/elizabeth-warren-asks-newly-chatty-fbi-director-to-explain-why-doj-didnt-prosecute-banksters/

[Mc Mike]

1. Fan TAS tic! Thanks, Sen. Warren!

[Hugin]

2. While Sen Warren is at it...

It would be nice if she'd query him about why the "Fraud" and "Racketeering" words haven't popped up in this whole Wells-Fargo organized crime spree.

5,300 people fired over 5 years? This is the first we're hearing about it?

Come on!

[GummyBearz]

4. The FBI director has a boss who is a politician

And wells fargo has donated to both parties via its PAC. That is why

[CentralMass]

3. K&R

[Yallow]

5. We All Know The Reason Why

And it ain't pretty.

It's called the golden rule.

[Dustlawyer]

7. That's why few have joined her fight against the financial industry!

They bought off Republicans and Democrats. Until we admit that many of our Democratic politicians are complicit we will never get reform such as Publicly Funded Elections and an end to campaign contributions and Lobbiest's gifts.

[LiberalLovinLug]

18. Over 50% of Dem delegates wanted the status quo. What are you gonna do?

[awoke_in_2003]

31. Would that be

"Those who have the gold rule"?

[Nitram]

6. Go get 'em, Lizzy!

[jalan48]

8. Why was Comey appointed to head the FBI in the first place?

[mountain grammy]

10. Part of that "keep your enemies close" bullshit,

and that this appointment had to get past the Senate goons.

[Guy Whitey Corngood]

9. .

[Jeffersons Ghost]

25. Yep, and some other things making sounds or racket; but back to the point of the OP w/ a question:

Why hasn't the FBI arrested Trump for racketeering and crimes related to the RICO Act?

[Jeffersons Ghost]

11. K&R

[Spitfire of ATJ]

12. This is what you get when it's US policy to promote capitalism globally.

[nolabels]

13. To the Honorable Sen. Elizabeth Warren

Welcome to the USA, many of us folks out in the nation have been asking similar questions for fifty plus years.

Watching the appointed, non-elected G. Ford pardon a perjured crook in Nixon and then still get close to winning that office in an actual election leaves me with the wondering. If feels like this distinct understanding. It's a understanding that protesting what goes on in the self-appointment halls of the federal government is a waste of everyone's time.

Things have changed very little in that fifty years (probably have gotten worse)

[Akamai]

14. Wonderful points Sen. Warren is making!

I thought the Comey editorial comments on Hillary Clinton after he decided not to prosecute was terrible. Sen. Warren, however, is looking at a real issue that has deep and grave importance for all Americans.

I agree with her about the importance of examining details "of this [financial] failure" to ensure it never happens again.

[TryLogic]

16. Excellent points.

I wonder how DOJ Inspector General Michael Horowitz came to be in that position.

[FairWinds]

17. Geez, I wish she had run for Prez !!

[Angry Dragon]

19. Off to Prison for them

[yallerdawg]

20. Chatty Comey!

I like that!

But like all good Republicans, if it's not about hurting a Democrat, not much to say.

[colsohlibgal]

21. It Was Ridiculous

These filthy rich Banksters committed blatant and obvious fraud to further enrich themselves at the expense of others. The rating agencies enabled the con by rating the toxic financial instruments AAA.

Rather than going to prison like most of us who commit fraud to enrich ourselves they instead took hundreds of millions from us.

A few firms paid fines that would be like us paying $5....with no admission of guilt in most or all cases.

Hillary would be having an easier time if we had tossed the white collar crooks in prison where they should have gone.

[deurbano]

22. Man, she's good.

“If Secretary Clinton’s email server was of sufficient ‘interest’ to establish a new FBI standard of transparency, then surely the criminal prosecution of those responsible for the 2008 financial crisis should be subject to the same level of transparency.”

I hope there will be some way (that won't cost her too much politically) for our new president to get rid of Comey (that snake).

[raven mad]

23. Ms. Warren is the embodiment of our republic as it should be.

Bookmarked, and when the printer is up, distributed.

[zentrum]

24. Love this woman. nt

[Stellar]

26. I love Sen Liz Warren!

[AgadorSparticus]

27. So LOVE her!!! K&R

[JudyM]

28. Finally. Nt

[Warren DeMontague]

29. I'm gonna go with "what is, they were too busy trying to catch pot growing grannies", Alex?

[Stuart G]

30. k and r..