If Wall Street truly is the lurking problem President Obama’s populist rhetoric makes it out to be, why is Eric Holder still standing there just holding his member so uncertainly?
Peter J. Boyer and Peter Schweizer on Holder’s curious impotence with respect to Wall Street in the wake of the financial collapse:
Over the past three years, the Department of Justice has filed criminal charges against hundreds of ordinary Americans for financial fraud. But no one from the largest banks and firms on Wall Street have been similarly charged for events leading up to the financial crisis. Could that be because those banks are clients of the firms from which top DOJ officials hail?
Despite his populist posturing, the president has failed to pin a single top finance exec on criminal charges since the economic collapse. Are the banks too big to jail—or is Washington’s revolving door at to blame? Peter J. Boyer and Peter Schweizer investigate:
H. M. Stuart