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del
09-28-2016, 04:06 PM
Massachusetts Senator Elizabeth Warren on Thursday requested a formal investigation into why the Obama administration did not bring criminal charges individuals and corporation involved in the 2007-2008 financial crisis.
In a letter (https://www.scribd.com/document/324064523/Elizabeth-Warren-DoJ) sent Thursday to Michael E. Horowitz, the Inspector General of the Department of Justice, Warren said her staff had found that members of the Financial Crisis Inquiry Commission (FCIC) had referred 25 cases to the Justice Department for potential prosecution. None of those referrals were pursued.
“The Department has failed to hold the individuals and companies... accountable,” Warren wrote. “This failure requires an explanation.” Warren also wrote (https://www.scribd.com/document/324064575/Warren-FBI-letter) to the head of the FBI, James Comey, and asked him to release records of FBI investigations into financial misdeeds in the wake of the crisis, to further illuminate why the Obama administration decided not to prosecute firms linked to the financial crisis.
The FCIC was a 10 member investigatory body tasked by Congress in 2009 to look into the root causes of the economic collapse. In 2011, the FCIC turned over a mountain of evidence to the Justice Department -- including whistleblower testimony, and internal bank documents.

http://www.ibtimes.com/political-capital/senator-elizabeth-warren-requests-formal-investigation-about-why-obama

better late than never

Mark III
09-28-2016, 04:16 PM
Good for Warren. This has been the greatest stain on Obama.

Eric Holder didn't want prosecutions. He was down with the financiers and wanted an in on Wall St later in life.

AZ Jim
09-28-2016, 04:16 PM
Love Liz!

MisterVeritis
09-28-2016, 04:19 PM
Distraction...

Peter1469
09-28-2016, 04:26 PM
Much needed. But there were no prosecutions because the government is corrupted by the money of the big banks.

Chris
09-28-2016, 04:40 PM
Corruption is found in the collusion of the government and the banks.

Captain Obvious
09-28-2016, 04:42 PM
Parody

Bethere
09-28-2016, 06:19 PM
Corruption is found in the collusion of the government and the banks.

Gary.

Chris
09-28-2016, 06:21 PM
Gary.

Indiana? :huh:

Green Arrow
09-28-2016, 06:24 PM
Good for Warren. This has been the greatest stain on Obama.

Eric Holder didn't want prosecutions. He was down with the financiers and wanted an in on Wall St later in life.

Too bad Hillary is the same.

Chris
09-28-2016, 06:25 PM
16263

Ace and Gary

The two characters on Saturday Night Live's Ambiguously Gay Duo.

Governor: Hey looks its Ace and Gary!
Police: You think they're gay?
Governor: ... na....


@ http://www.urbandictionary.com/define.php?term=Ace%20and%20Gary

Green Arrow
09-28-2016, 06:25 PM
As usual, I applaud Warren for taking this step. It's a necessary one.

Unfortunately, the next president - be it Trump or Clinton - will actually be less inclined to take up the investigation than the current president.

Which is why we need someone like Jill Stein.