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johnnyreb

(915 posts)

52. "Experts" who "hit with indications"

Fri Mar 8, 2013, 02:46 PM

Mar 2013

In an interview with PBS Frontline for their January 22 "The Untouchables" segment, assistant attorney general for the Department of Justice’s Criminal Division Lanny Breuer said, as to why no prosecutions:

"If it creates a ripple effect so that suddenly counterparties and other financial institutions or other companies that had nothing to do with this are affected badly, it’s a factor we need to know and understand."
http://www.pbs.org/wgbh/pages/frontline/business-economy-financial-crisis/untouchables/lanny-breuer-financial-fraud-has-not-gone-unpunished/

It was such an obviously bad statement, that he announced his resignation the day after the show aired (tentatively replaced by Mythili Raman). He continued with:

"And at the Department of Justice, we’re being aggressive, but we should in fact take into consideration what the experts tell us."

So we have "experts" who "hit with indications".

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52 replies

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Highlight:

Pic Of The Moment: Eric Holder Admits It: Elizabeth Warren Was Right About Big Banks [View all] EarlG Mar 2013 OP

Eric Holder needs to resign Angry Dragon Mar 2013 #1

+1000 Mnemosyne Mar 2013 #9

K&R avaistheone1 Mar 2013 #23

Yeah, because Obama will never shitcan him MotherPetrie Mar 2013 #27

+10,000 pam4water Mar 2013 #38

There's just GOTTA BE Plucketeer Mar 2013 #2

K&R... midnight Mar 2013 #3

Better that we should wait until they crash the economy again... JoeBlowToo Mar 2013 #4

Bank Holiday: as in forgiving loans made to those who have become poor due to banker greed? DhhD Mar 2013 #16

Bank Holiday would help out a lot of moms and dads.... midnight Mar 2013 #35

It is not his fucking business to judge economic impact. aquart Mar 2013 #5

I absolutely agree with this . . . markpkessinger Mar 2013 #41

Well, I still want to hang Geithner but merely retire Holder. aquart Mar 2013 #43

Warren for President 2016. nt NYC_SKP Mar 2013 #6

Yes! avaistheone1 Mar 2013 #22

Totally agree NYC! nt caledesi Mar 2013 #32

Impact on ecomony? Who's economy? The 10% who make their money on Wallstreet? L0oniX Mar 2013 #7

Why is Holder still the AG? Beacool Mar 2013 #8

Because he has a better memory than Alberto Gonzales? valerief Mar 2013 #15

They need to be prosecuted precisely because they,themselves have a negative impact... Little Star Mar 2013 #10

Nationalize a few banks. Bring a suspected criminal to trial, NOT the bank. DhhD Mar 2013 #11

Wow. They really are protecting the criminal class! grahamhgreen Mar 2013 #12

They ARE the criminal class. nt valerief Mar 2013 #14

So what does this admission mean? Business as usual? nt valerief Mar 2013 #13

Move along folks ... nothing to see here. SomeGuyInEagan Mar 2013 #19

"Too Big to Fail..Too Big to Prosecute"...(would bring down global economy) KoKo Mar 2013 #17

Admitting she is right is also admitting fault Third Doctor Mar 2013 #18

But, will they do anything to fix this issue? Rider3 Mar 2013 #20

OK, Holder you are right. The banks are too big to prosecute. But the CEO's aren't. A Simple Game Mar 2013 #21

Exactly! Iwillnevergiveup Mar 2013 #40

So what's the next excuse going to be? Initech Mar 2013 #24

Break up the banks Pharaoh Mar 2013 #25

"Hit with indications" FreeBC Mar 2013 #26

If Holder can't do his job, it's time to resign. AllyCat Mar 2013 #28

Wasn't this the reason given for breaking up the big phone company to smaller subsidiaries? Sheepshank Mar 2013 #29

I agree Andy823 Mar 2013 #31

holder is positively worthless frylock Mar 2013 #30

recommended! Bill USA Mar 2013 #33

at least she has a phone, unlike Schneiderman MisterP Mar 2013 #34

? aquart Mar 2013 #44

You can't prosecute Madmiddle Mar 2013 #36

Welcome to DU, Madmiddle! calimary Mar 2013 #49

Do your job Holder (nt) Yo_Mama_Been_Loggin Mar 2013 #37

He's already proven that he either cannot or will not do his job . . . markpkessinger Mar 2013 #39

Eric Holder is worthless as an AG n/t Lebam in LA Mar 2013 #42

wAH wAH wAH Holder. Why are you getting paid now? lonestarnot Mar 2013 #45

That makes it simple. The big banks either need to be nationalized or broken up. stevenleser Mar 2013 #46

Elizabeth Warren is one amazing women. Grateful for Hope Mar 2013 #47

What took you so damn long, holder? calimary Mar 2013 #48

So why attack Holder? michigandem58 Mar 2013 #50

Kicked and recommended. Uncle Joe Mar 2013 #51

"Experts" who "hit with indications" johnnyreb Mar 2013 #52