Matt Taibbi on Eric Holder's Insulting New Job

http://www.alternet.org/news-amp-politics/matt-taibbi-eric-holders-insulting-new-job

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AMY GOODMAN: As you were tweeting your criticism yesterday, a lot of Obama supporters were also on social media pushing the line that Holder did not send anyone to jail because there were no laws broken.

MATT TAIBBI: Right, yeah, and this is—this comes, I think, directly from something that Barack Obama himself said on 60 Minutes once. He said some of the worst behavior on Wall Street was not illegal, some of the least ethical behavior was not illegal. But he crafted that phrase very carefully. He didn’t say all of it was not illegal. He said some of the worst behavior, and that’s true. But some of it was very illegal.

And again, just to go back to some of the worst cases, HSBC admitted to laundering $880 million for a pair of Central and South American drug cartels, including the Sinaloa drug cartel, which is infamous all over the world for these torture videos. So, we have HSBC, Europe’s largest bank, is washing hundreds of millions of dollars for people who chop people’s heads off with chainsaws. That’s a crime. I mean, there’s no—that’s the worst crime that a bank can possibly commit. And anybody who thinks that Holder didn’t send people to jail because they didn’t commit crimes is not really paying attention to what went on during this time.

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