Obama legacy includes banker impunity
WASHINGTON – While it may continue to baffle us how no bankers went to jail in the wake of the financial crisis even as banks paid tens of billions of dollars in fines for wrongdoing, there is very little mystery to it.
The three government officials most responsible for the failure to bring any top banker to trial for widespread fraud – former Treasury Secretary Timothy Geithner, former Attorney General Eric Holder, and former DOJ official Lanny Breuer – are all now making millions of dollars a year in Wall Street-related jobs.
Is it really that simple? Sadly, yes.
Obama legacy includes banker impunity