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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
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