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2016 Postmortem
In reply to the discussion: Hillary Clinton Made More in 12 Speeches to Big Banks Than Most of Us Earn in a Lifetime [View all]think
(11,641 posts)68. The facts are Eric Holder prosecuted less white collar crime than his predecessors.
One can make all the technical legal excuses for him one wants.
I understand it's difficult. But still. The results speak for themselves:
US Prosecution of White Collar Crime Hits 20-Year Low: Report
Federal prosecution of white-collar crime has hit a 20-year low, according to a new report on Department of Justice data. The analysis of thousands of records by Syracuse University shows a more than 36 percent decline in such prosecutions since the middle of the Clinton administration, when the decline first began.
In the aftermath of the 2008 financial crisis, prosecutions ticked up slightly, but then dropped. Landing amid calls from Democratic presidential candidates for more Wall Street prosecutions, the report notes that the projected number of prosecutions this year is 12 percent less than last year and 29 percent less than five years ago.
The decline in federal white-collar crime prosecutions does not necessarily indicate there has been a decline in white-collar crime, Syracuse researchers note. Rather, it may reflect shifting enforcement policies by each of the administrations and the various agencies....
http://www.ibtimes.com/us-prosecution-white-collar-crime-hits-20-year-low-report-2037160
Federal prosecution of white-collar crime has hit a 20-year low, according to a new report on Department of Justice data. The analysis of thousands of records by Syracuse University shows a more than 36 percent decline in such prosecutions since the middle of the Clinton administration, when the decline first began.
In the aftermath of the 2008 financial crisis, prosecutions ticked up slightly, but then dropped. Landing amid calls from Democratic presidential candidates for more Wall Street prosecutions, the report notes that the projected number of prosecutions this year is 12 percent less than last year and 29 percent less than five years ago.
The decline in federal white-collar crime prosecutions does not necessarily indicate there has been a decline in white-collar crime, Syracuse researchers note. Rather, it may reflect shifting enforcement policies by each of the administrations and the various agencies....
http://www.ibtimes.com/us-prosecution-white-collar-crime-hits-20-year-low-report-2037160
Hell. It was Holder that admitted part of his reasoning was thy were too big to jail:
I am concerned that the size of some of these institutions becomes so large that it does become difficult for us to prosecute them when we are hit with indications that if you do prosecute, if you do bring a criminal charge, it will have a negative impact on the national economy, perhaps even the world economy, Holder said, according to The Hill. And I think that is a function of the fact that some of these institutions have become too large.
http://www.huffingtonpost.com/2013/03/06/eric-holder-banks-too-big_n_2821741.html
For me it's pretty obvious Eric Holder chose to go soft on prosecuting bank crimes. You don't get welcome backed to a job defending bank crimes if you are the one that helped hurt the banks. It's not that hard to figure out.
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Hillary Clinton Made More in 12 Speeches to Big Banks Than Most of Us Earn in a Lifetime [View all]
pantsonfire
Apr 2016
OP
I wish she would publish a book of those speeches. They would sell like hot cakes under "Self Help"
Impedimentus
Apr 2016
#1
Oh yes. Remember how Obama started talking to us a few months after he was elected?
Zira
Apr 2016
#60
I'll take your wordsmithing over Hillarys - but the content of the speech is not why they pay her.
Juicy_Bellows
Apr 2016
#12
Yes. But I wouldn't expect voters to trust me in regulating those banks afterwards. They
think
Apr 2016
#31
And then expect the American people to trust her to protect the American peoples interest's
think
Apr 2016
#36
She made those speeches as a private citizen. Why would we deserve to know what she said?
Arkansas Granny
Apr 2016
#24
Because she made them to corporations that hugely impact all our lifes...n/t
pantsonfire
Apr 2016
#26
Do you demand to see transcripts of speeches made by others who speak to those corporations?
Arkansas Granny
Apr 2016
#27
The gun corps effects my life 10x more than Wall Street. Sanders is speaking to a certain groups...
uponit7771
Apr 2016
#66
And Goldman Sachs appreciates her refusal to support a new Glass Steagall. They can't even pass the
think
Apr 2016
#38
Eric Holder was soft on Wall Street bank crimes. He's going back to defend the very criminal banks
think
Apr 2016
#65
The facts are Eric Holder prosecuted less white collar crime than his predecessors.
think
Apr 2016
#68
I feel sorry for the people who had to sit through them without a mute button nt
BernieforPres2016
Apr 2016
#37
The relevant issue is whether those fees affect her policymaking decisions, since
TheDormouse
Apr 2016
#42
Most basketball stars make in 12 games more than most of make in a lifetime. nt
Jitter65
Apr 2016
#58
And they provide a service, entertainment. What service does Hillary provide in a speech?
CentralCoaster
Apr 2016
#64
A basketball player's talent provides value to those paying them. What value does Hill's
ChisolmTrailDem
Apr 2016
#69
That makes sense...20 mil for Hill and about 15 for Bill...per ten minutes? n/t
pantsonfire
Apr 2016
#77