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The Attorney General, Eric Holder testified, in March of 2013, to Congress that he was afraid to prosecute the banks because it would cause economic … - David Cay Johnston
" "The Attorney General, Eric Holder testified, in March of 2013, to Congress that he was afraid to prosecute the banks because it would cause economic disruption. ...I've been going after him in Newsweek for that and he has backtracked, but for months, an Inspector General's report shows, he claimed that they had gone after more than a billion dollars and over 500 people involved in mortgage fraud... still... a drop in the bucket. ...In fact, there were less than a hundred cases involving $95 million ...a drop in a drop ...and he kept telling this lie. So we... now have a government that does not go after people who are engaged in criminal frauds because they are considered so powerful, that if they were prosecuted it would damage the economy. My God!
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About David Cay Johnston
(born December 24, 1948) is an American investigative journalist and author specializing in economics and tax issues. He won the 2001 , and from 2009 to 2016 he was a Distinguished Visiting Lecturer at Syracuse University, Martin J. Whitman School of Management and College of Law, teaching tax, property, and regulatory law of the ancient world. From 2011 to 2012 he was a columnist for , writing, and producing video commentaries on worldwide issues of tax, accounting, economics, public finance and business. In recent years he has also written for and , and is the board president of , Inc. (IRE).
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David Cay Boyle Johnston
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DC Report
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Additional quotes by David Cay Johnston
[T]hroughout his adult life Trump sought out—and worked closely with—more than a score of criminals, including Mafia associates, Russian mob associates, violent felons, con artists, swindlers, and most significant of all, the embezzler and mob associate Joseph Weichselbaum, a thrice-convicted felon. ...[W]hen Trump was the big man in Atlantic City, he got his helicopters to bring his high-rollers in and out of town through a company formed by Weichselbaum. ...Spy ...reported that Weichselbaum ...personally piloted the Trumps [in the Ivana, Trump’s personal helicopter]. ...Weichselbaum also had another business: importing drugs from Colombia...
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The telecommunications companies wanted to build the most profitable electronic toll road possible. Their aim was, first, to spend as little as possible on technology, which... meant slow Internet service for many... Second... serve areas where lots of customers... would buy a monthly pass... sparsely populated areas were at best incidental to such plans. Third... set prices as high as the market would bear, even if it meant many... could never afford to access this electronic roadway.
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