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Thursday, August 18, 2022 10:46:24 AM
Eric Holder Jr.Former Attorney General of the United States
2009 to 2015
In 1999, when Holder was deputy attorney general in the Clinton administration, he wrote a memorandum titled “Bringing Criminal Charges Against Corporations.” The memo states that prosecutors should take “collateral consequences” into account when “conducting an investigation, determining whether to bring charges, and negotiating plea agreements.” The memo got more attention after the 2008 financial crisis when it became clear that big bank executives would not face criminal prosecution. He declined our request for an interview, but in 2016, Holder told CNN, “We simply didn't have the proof. If we could've made those cases, we certainly would've brought them. These would've been career-defining cases for assistant U.S. attorneys.”
https://features.marketplace.org/why-no-ceo-went-jail-after-financial-crisis/
One question for you Mr. Holder, how much effort did you and your agency put into criminal prosecutions? It's pretty clear accountability is not written in your playbook and corporations ARE above the law. What about the collateral consequences of $30 TRILLION that was stolen from people's livelihoods? You need to face criminal prosecution for aiding and abetting.
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