The Phaserl


Eric Holder Pledges to Prosecute Banks – Believe Him?

from Truth Dig:

Watch out, banks that engage in criminal activity (aka just about every large bank): Eric Holder and the Department of Justice are coming for you!

I’ll give you a moment to stop chuckling. Seriously, though, Attorney General Holder said it himself. In a video released Monday morning, Holder vowed that prosecutions of banks that operate outside of the law are forthcoming, claiming, “There is no such thing as ‘too big to jail.’”

“Some have used that phrase [“too big to jail”] to describe the theory that certain financial institutions – even if they engage in criminal misconduct – should be considered immune from prosecution due to their sheer size and their influence on the economy,” Holder elaborated. “That view is mistaken.”

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