This past year she watched as Holders Justice Department struck a series of historic settlement deals with Chase, Citigroup and Bank of America. The root bargain in these deals was cash for secrecy. The banks paid big fines, without trials or even judges – only secret negotiations that typically ended with the public shown nothing but vague, quasi-official papers called statements of facts, which were conveniently devoid of anything like actual facts. Jamie Dimon Jamie Dimon (Photo: Bloomberg/Getty) And now, with Holder about to leave office and his Justice Department reportedly wrapping up its final settlements, the state is effectively putting the finishing touches on what will amount to a sweeping, industrywide effort to bury the facts of a whole generation of Wall Street corruption. I could be sued into bankruptcy, she says. I could lose my license to practice law. I could lose everything. But if we dont start speaking up, then this really is all were going to get: the biggest financial cover-up in history. rollingstone/politics/news/the-9-billion-witness-20141106?page=2
Posted on: Sat, 08 Nov 2014 10:22:35 +0000
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