Current Cases:
Get Email Updates | Already Registered? Login
Logo for Print

The Politics of Prosecution at AG Holder's Justice Department

Newsweek has published an interesting and very telling investigative story that reveals that despite a lot of fanfare about the creation of a massive task force to probe and prosecute financial fraud, Eric Holder's Justice Department has little to show after nearly four years.

The story also raises important questions about whether the lack of prosecutions has any link to the fact that Holder has ties a top-tier law firm that represents some of the big financial institutions.

In fact, criminal prosecutions in the financial sector are at a 20-year low. The fact is there's been virtually no criminal prosecutions at all regarding the top financial institutions responsible for the economic collapse. As Newsweek reports, "there has not been a single criminal charge filed by the federal government against any top executive of the elite financial institutions."
 
On America's Newsroom on FOX today, I told Martha MacCallum what's taking place in the Justice Department really represents the politics of prosecution. The Obama Administration set-up an entire team and the fact is nothing has happened of any significance. You can watch the interview here.

Another interesting fact from the Newsweek article: in 2008, then-candidate Obama raised some $16 million from Wall Street, far outpacing any of the other candidates when it came to campaign support from the financial sector.
 
That fact - and lack of prosecutions - has not gone unnoticed by many, including Phil Angelides, the Democratic former California treasurer who chaired the bipartisan Financial Crisis Inquiry Commission. He told Newsweek: "It's perplexing at best. It's deeply troubling at worst."
 
Jay Sekulow

RELATED RADIO SHOW

US President Barak Obama

Left's War on Women & Family Values

10:11 AM Apr. 13, 2012

SIGN UP FOR EMAIL UPDATES

Connect with ACLJ ACLJ Facebook ACLJ Twitter ACLJ YouTube
Connect with Jay Sekulow Jay Sekulow Jay Sekulow Facebook Jay Sekulow Twitter Jay Sekulow YouTube
Connect with Jordan Sekulow Jordan Sekulow Jordan Sekulow Show Facebook Jordan Sekulow Twitter