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Populist Reform of the Democratic Party

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KoKo

(84,711 posts)
Wed Jul 8, 2015, 07:57 PM Jul 2015

Matt Taibbi: Eric Holder Back to Wall Street-Tied Law Firm After Years of Refusing to Jail Bankers [View all]

Last edited Wed Jul 8, 2015, 08:37 PM - Edit history (1)

Matt Taibbi: Eric Holder Back to Wall Street-Tied Law Firm After Years of Refusing to Jail Bankers


Published on Jul 8, 2015

http://democracynow.org - In the latest sign of the revolving door between Wall Street and Washington, recently retired U.S. Attorney General Eric Holder is returning home — to the corporate law firm Covington & Burling, where he worked for eight years before becoming head of the Justice Department. During his time at Covington, Holder’s clients included UBS and the fruit giant Chiquita. The law firm’s client list has included many of the big banks Holder failed to criminally prosecute as attorney general for their role in the financial crisis, including Bank of America, JPMorgan Chase, Wells Fargo and Citigroup. We speak with Matt Taibbi, award-winning journalist with Rolling Stone magazine. "I think this is probably the single biggest example of the revolving door that we’ve ever had," Taibbi says.

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