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Showing Original Post only (View all)Matt Taibbi: Barack Obama's former top cop cashes in after six years of letting banks run wild [View all]
http://www.rollingstone.com/politics/news/eric-holder-wall-street-double-agent-comes-in-from-the-cold-20150708?utm_source=newsletter&utm_content=daily&utm_campaign=070815_16&utm_medium=email&ea=cGVycnlhZGxlckBob3RtYWlsLmNvbQ==Eric Holder, Wall Street Double Agent, Comes in From the Cold
By Matt Taibbi
...Collectively, the decisions he made while in office saved those firms a sum that is impossible to calculate with exactitude. But even going by the massive rises in share price observed after he handed out these deals, his service was certainly worth many billions of dollars to Wall Street.
Now he will presumably collect assloads of money from those very same bankers. It's one of the biggest quid pro quo deals in the history of government service. Congressman Billy Tauzin once took a $2 million-a-year job lobbying for the pharmaceutical industry just a few weeks after helping to pass the revolting Prescription Drug Benefit Bill, but what Holder just did makes Tauzin look like a guy who once took a couple of Redskins tickets...
Holder doubtless seriously believed at first that in a time of financial crisis, he was doing the right thing in constructing new forms of justice for banks, where nobody but the shareholders actually had to pay for crime. You've heard of victimless crimes; Holder created the victimless punishment.
But in the end, it was pretty convenient, wasn't it, that "the right thing" also happened to be the strategy that preserved Democratic Party relationships with big-dollar donors, kept the client base at Holder's old firm nice and fat, made the influential rich immeasurably richer and allowed Eric Holder himself to crash-land into a giant pile of money upon resignation.
What a coincidence! In any civilized country, it'd be a scandal. In America, though, he's just another guy selling whatever he can to get by. It was just too bad that what Holder had to sell was the criminal justice system.
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Matt Taibbi: Barack Obama's former top cop cashes in after six years of letting banks run wild [View all]
HomerRamone
Jul 2015
OP
Agree completely, but dont pretend Holder is alone in this either with previous AG's
randys1
Jul 2015
#1
Um, Holder was the first AG since the banksters crashed the economies of the US and several
merrily
Jul 2015
#91
Whereas beginning and ending a short and cryptic comment with smears is healthy?
Fred Sanders
Jul 2015
#20
What does that have to do with the issue at hand? If that is a distraction it's lame.
rhett o rick
Jul 2015
#44
Sorry, but what's your point? He obviously meets the definition of Democrat. nm
rhett o rick
Jul 2015
#62
Well then I duely appologize. Most posting on this board are very familiar with
rhett o rick
Jul 2015
#141
One of the impediments to enforcing regulations and laws is the fact that so many
JDPriestly
Jul 2015
#142
How about I give you a real example of Holder's duplicity in running interference for big
Dustlawyer
Jul 2015
#60
If you loved AG Holder so much you will love AG Cruz under Jeb. I know the true enemy.
Fred Sanders
Jul 2015
#65
Look up "vapid". It is not what you think it means. See post # 4 for an actual example.
Fred Sanders
Jul 2015
#77
Seriously. Attack a fellow poster over nothing, defend to the death a professional politician
merrily
Jul 2015
#97
He's not done with his public interest work, although I wish he was. I hate wondering which ones
Ed Suspicious
Jul 2015
#5
Leaving a law firm for political service and then returning to same said law firm is "cashing in"?
Fred Sanders
Jul 2015
#7
He got that job in the first instance after public service in the Clinton administration and
merrily
Jul 2015
#98
Gave up a lucrative multi-million dollar a year job to take a 200K a year high stress government job....he is the devil!
Fred Sanders
Jul 2015
#41
You make a good point even though I doubt you know it. So why would he give up a high paying
rhett o rick
Jul 2015
#46
"Is whom". You love AG Holder, you gonna love AG Cruz. I see the enemy, you choose not to.
Fred Sanders
Jul 2015
#69
Insist on perfection, you make an enemy of the good. You have chosen your enemies, I, mine.
Fred Sanders
Jul 2015
#72
Holder has no items in his "I was perfect" list, but a lot of very good ones...you would think the
Fred Sanders
Jul 2015
#75
Republicans reflexively and mindlessly hate anything done with a D after their name
LondonReign2
Jul 2015
#112
You might want to use the vocative ending, not the nominative one. "Et tu, Brutus! (sic: Brute!)"
xocet
Jul 2015
#127
Perfectionists abolished slavery in our country, fought and won the right to organize in the
JDPriestly
Jul 2015
#144
No. Who. It's a predicate nominative, in the nominative case, not the objective case.
merrily
Jul 2015
#82
So no matter HOW bad a Dem is, you shouldn't complain because the only alternative is a Republican
HomerRamone
Jul 2015
#109
Wow, impressive strawman you built there! Can I help you tear it down, please??
Fred Sanders
Jul 2015
#110
On the firm overview page: (link to) "Covington professionals with government service experience"
merrily
Jul 2015
#99
Are you pretending you don't know to insinuate a point? Just tell us your
rhett o rick
Jul 2015
#117
"...like announcing that he's going back to get a doctorate at the University of Blow Me."
Spitfire of ATJ
Jul 2015
#32
Apparently leaving your very good job to take up public office/service and then returning is evil incarnate!
Fred Sanders
Jul 2015
#42
How do you feel about a bank laundering money for a Mexican cartel that makes beheading videos?
think
Jul 2015
#43
His law firm represents some of the banks mentioned in the article in case you missed that part.
think
Jul 2015
#50
It's corruption at it's worst and yet you think it's cute. He was hired by us to prosecute crooked
rhett o rick
Jul 2015
#47
I can't wait until Hillary comes in and cleans up all this corruption and graft!
Romulox
Jul 2015
#58
"Just because I'm at Covington doesn't mean I will abandon the public interest work." -Eric Holder
raindaddy
Jul 2015
#61
Let me remind everyone that people went to prison for corporate scandals long ago...
AZ Progressive
Jul 2015
#113
What do you do when DC is full of people seeking to milk the govt for career advancing purposes?
AZ Progressive
Jul 2015
#115
Until we up end this plutocracy, expect more of the same. I wish Holder was a rarety.
Rex
Jul 2015
#123
His Legacy will be the " Trojan Horse " president ! and the 1% still alive in a 100 yrs will adore
orpupilofnature57
Jul 2015
#128