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Too Big to Jail

Obama Administration Helps Wall Street Criminals Dodge Accountability

The Huffington Post | Shahien Nasiripour | Posted 09.01.2015 | Politics

Citigroup and JPMorgan Chase appeared to score a significant victory Tuesday after the Department of Housing and Urban Development suggested it won't ...

How The Obama Administration Is Helping Big Bank Felons

The Huffington Post | Shahien Nasiripour | Posted 08.11.2015 | Politics

With the blessing of the White House and the Justice Department, the Department of Housing and Urban Development is attempting to sneak through a...

Jason Linkins

Some Atlanta Educators Just Learned A Cynical Lesson About Accountability In America

HuffingtonPost.com | Jason Linkins | Posted 04.03.2015 | Politics

It isn't every day that people who abuse their positions of authority are held accountable for wrongdoing. Actually, to be statistically precise about...

Meet the New HSBC ...

Andrew Perez | Posted 04.01.2015 | Politics
Andrew Perez

In her confirmation hearing this week to become the next U.S. attorney general, Loretta Lynch said that "no individual is too big to jail" and "no one is above the law." But, at least in one recent case in which Lynch was a key player, this may not be accurate.

Would an Attorney General Loretta Lynch End 'Too Big to Jail'?

Bartlett Naylor | Posted 03.29.2015 | Business
Bartlett Naylor

On Jan. 28, 2015, the Senate Judiciary Committee opens two days of hearings to consider President Obama's nomination of Loretta Lynch to be Attorney General of the United States. Here are some questions that senators should ask to make sure that size no longer shields a company from the rule of law.

JP Morgan Chase, Bernie Madoff's $64.8 Billion Ponzi Scheme and Crime on Wall Street

Dennis M. Kelleher | Posted 02.18.2015 | Business
Dennis M. Kelleher

Despite a deep, close and extremely lucrative relationship that lasted decades, JP Morgan Chase wasn't even required to publicly disclose the information that detailed its complicity in Madoff's scheme, including how much money it made and how.

Zach Carter

The Fed Just Acknowledged Its Too Big To Jail Policy

HuffingtonPost.com | Zach Carter | Posted 11.22.2014 | Politics

WASHINGTON -- The federal government until recently shielded big banks from criminal prosecution out of concern that convictions may damage the financ...

With Economic Justice For All

The Alternative Banking Group of OWS | Posted 01.11.2015 | New York
The Alternative Banking Group of OWS

With the nomination of Lorretta Lynch for attorney general, it is a crucial time to learn from past mistakes and oversights. We call on Lynch to learn from the past and work towards true accountability and fairness for all.

Big Press on Bank of America Treatment of Whistleblower Michael Winston -- But, You'll Have to Read German!

Jerry Ashton | Posted 09.07.2014 | Business
Jerry Ashton

Germany's respected Handelsblatt, that country's parallel to the Wall Street Journal, recently devoted an entire section and a featured interview to the deliberate and ongoing crushing of American Michael Winston's finances and spirit by one of our country's largest banks.

Mark Gongloff

Big Bank Hit With Criminal Charges

HuffingtonPost.com | Mark Gongloff | Posted 05.23.2014 | Business

The U.S. government has finally backed up its boast that no bank is too big to jail, if by "jail" you mean "vigorously slap on the wrist." The Just...

'There Is No Such Thing As Too Big To Jail'

Reuters | Posted 07.05.2014 | Business

(Adds background) By Aruna Viswanatha WASHINGTON, May 5 (Reuters) - The U.S. Justice Department is pursuing criminal in...

Mark Gongloff

There's One Thing Missing From The Plan To Prosecute Big Banks

HuffingtonPost.com | Mark Gongloff | Posted 04.30.2014 | Business

About five years too late, federal prosecutors are talking tough about cracking down on crimes by big banks. But their boasting so far leaves out one ...

Taibbi: U.S. Should Be Ashamed It Treats Pot Smokers Worse Than Wall St. Criminals

The Huffington Post | Alexander C. Kaufman | Posted 09.22.2014 | Business

A Wall Street bank accused of laundering money for drug cartels only had to pay a fine. Meanwhile, a man caught with a joint in his pocket had to spen...

Too Often, American Justice Is Injustice

Michael Shammas | Posted 08.22.2014 | College
Michael Shammas

Our state of affairs goes against a pinnacle of American justice, equality before law, facilitating everything from war crimes, to torture, to domestic spying, to a predatory, ravenous Wall Street that feeds on the middle class with impunity.

Holder: No Banks Are Too Big To Jail

Reuters | Posted 01.24.2014 | Business

WASHINGTON (Reuters) - No American financial institution is too large to indict and no bank executive immune from criminal prosecution, Attorney Gener...

Top Bankers Evaded Financial Crisis Justice -- and Will Never Be Prosecuted for Their Crimes

Frank Vogl | Posted 03.16.2014 | Crime
Frank Vogl

A leading New York judge now provides disturbing answers and underscores that none of the key bankers who caused the crisis will ever be criminally prosecuted.

Shahien Nasiripour

New York Fed Chief Levels Explosive Charge Against Big Banks

HuffingtonPost.com | Shahien Nasiripour | Posted 11.08.2013 | Business

The head of the Federal Reserve Bank of New York said Thursday that some of America’s largest financial institutions appear to lack respect for the ...

Five Years Later: Wall Street Is Still At It

Ralph Nader | Posted 11.20.2013 | Business
Ralph Nader

President Obama is clearly aware of the risk associated with Wall Street misbehavior, but he has failed to champion significant reforms. Here are several suggestions that the president should consider.

Proof That Wall St. Is NOT Too Big To Jail

The New Republic | Posted 10.06.2013 | Business

Last week, a jury in New York City convicted former Goldman Sachs trader Fabrice Tourre on six civil counts of securities fraud, for selling a toxic m...

Mark Gongloff

SAC Capital Indictment Does Not Mean The End Of 'Too Big To Jail'

HuffingtonPost.com | Mark Gongloff | Posted 07.25.2013 | Business

The feds finally seem to have gotten over their fear of bringing criminal charges against a financial company -- but that doesn't mean they have lost ...

Jillian Berman

Decade-Old Holder Memo Helped Pave The Way For 'Too Big To Jail'

HuffingtonPost.com | Jillian Berman | Posted 06.04.2013 | Business

In a 1999 memo entitled “Bringing Criminal Charges Against Corporations,” written when he was deputy U.S. attorney general, Eric Holder argued tha...

Shahien Nasiripour

Too-Big-To-Jail Dogs Obama's Justice Department

HuffingtonPost.com | Shahien Nasiripour | Posted 05.23.2013 | Politics

The U.S. Department of Justice appears to have neither conducted nor received any analyses that would show whether criminal charges against large fina...

Will Wrigley

Arrests In Occupy Protest Against 'Too Big To Jail' Banks

HuffingtonPost.com | Will Wrigley | Posted 05.21.2013 | Politics

WASHINGTON -- Owners of foreclosed homes were arrested Monday during a protest outside Justice Department headquarters, where they demonstrated agains...

Is It Time for Holder to Go?

Chris Weigant | Posted 07.15.2013 | Politics
Chris Weigant

One of my biggest disappointments with President Obama's transition to his second term was the announcement that Holder would be staying on, instead of turning the Justice Department over to someone else. I don't personally dislike Holder (I've never met the man), but I do strongly question his priorities during his time as the nation's Attorney General.

Mark Gongloff

Eric Holder: Actually, I Meant To Say No Banks Are Too Big To Jail

HuffingtonPost.com | Mark Gongloff | Posted 05.15.2013 | Business

Attorney General Eric Holder wants to clear up something he said months ago: We only thought he said that some U.S. banks are too big to jail. What he...