Tag Archives: dept of injustice

Why Isn’t Wall Street in Jail?

Financial crooks brought down the world’s economy — but the feds are doing more to protect them than to prosecute them

(Victor Juhasz)

By Matt Taibbi
Rolling Stones

Over drinks at a bar on a dreary, snowy night in Washington this past month, a former Senate investigator laughed as he polished off his beer. “Everything’s fucked up, and nobody goes to jail,” he said. “That’s your whole story right there. Hell, you don’t even have to write the rest of it. Just write that.” I put down my notebook. “Just that?” “That’s right,” he said, signaling to the waitress for the check. “Everything’s fucked up, and nobody goes to jail. You can end the piece right there.”

Nobody goes to jail. This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene criminal scandals that impoverished millions and collectively destroyed hundreds of billions, in fact, trillions of dollars of the world’s wealth — and nobody went to jail. Nobody, that is, except Bernie Madoff, a flamboyant and pathological celebrity con artist, whose victims happened to be other rich and famous people.

The rest of them, all of them, got off. Not a single executive who ran the companies that cooked up and cashed in on the phony financial boom — an industry-wide scam that involved the mass sale of mismarked, fraudulent mortgage-backed securities — has ever been convicted.

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Chamber of Commerce thugs use terror tools to target me, my family

By Brad Friedman
The BradBlog

U.S. Chamber of Commerce Thugs Used ‘Terror Tools’ for Disinfo Scheme Targeting Me, My Family, Other Progressive U.S. Citizens, Groups

And why they are likely to get away with it…

“[W]ho better to develop a corporate information reconnaissance capability than companies that have been market leaders within the DoD and Intelligence Community.” – ‘Team Themis’, from their 11/3/10 “Corporate Information Reconnaissance Cell” proposal delivered to the U.S. Chamber of Commerce’s law firm Hunton & Williams.

As I learned late last Thursday, the U.S. Chamber of Commerce, the most powerful Right wing lobbying group in the country, was revealed to have been working with their law firm and a number of private cyber security and intelligence firms to target progressive organizations, journalists and citizens who they felt were in opposition to their political activism, tactics and points of view.

As I went on the air Thursday night — my fifth in a six-day guest hosting stint on the nationally syndicated Mike Malloy Show — revelations about the planned multi-million dollar political hit job by the security/intelligence firms working to develop a scheme for the U.S. Chamber (and another one, almost identical to it, on behalf of Bank of America) were just beginning to come to light. Both plots were being developed by the Chamber and BofA by the very same law firm, Hunton & Williams and with the cyber intelligence firms HBGary Federal, Berico Technologies & Palantir Technologies.

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Dept of Justice snared in fraud over Pfizer prosecution: ‘Too big to nail!’


By Rady Ananda 

Last September, we reported “Pfizer slapped with $2.3 billion fine for illegally dealing drugs.” No one went to jail and Pfizer paid a tiny portion of its profits from illegally dealing Bextra from 2001 thru 2005.  In 2005 alone, Pfizer made $1.7 billion on that drug. Now, CNN has revealed that the Department of Justice allowed Pfizer to set up a dummy corporation to take the rap, so that Pfizer could maintain its Medicare and Medicaid contracts.

On April 2nd, CNN reported, “when it came to prosecuting Pfizer for its fraudulent marketing, the pharmaceutical giant had a trump card: Just as the giant banks on Wall Street were deemed too big to fail, Pfizer was considered too big to nail.

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