The Goldman Sachs Department of Justice™ Would Like to Apologize to Mr. Blankfein for the Inconvenience

By now you’ve heard that Goldman Sachs will not be prosecuted for lying to its customers and having its CEO lie to Congress.

“The department and investigative agencies ultimately concluded that the burden of proof to bring a criminal case could not be met based on the law and facts as they exist at this time,” the department said.

Mind you, it’s not a surprise that Lloyd Blankfein wasn’t prosecuted. That’s because DOJ basically rewrote law in the last couple of years to make sure Scott Bloch, the former Special Counsel, would do no jail time for lying to Congress. As a result they’ve basically taken that inconvenient law off the books. As Congress continues to pursue DOJ for Fast and Furious, I’m sure that’s a comforting thought for some in the Department.

Still, let’s pretend for a moment that DOJ really didn’t believe they could prosecute this case.

That leaves us at a place where actual people are subject to the rule of law but corporations–because DOJ is simply helpless, helpless!! against those big bad corporations–are not. If DOJ really refuses to prosecute any corporations for the very same crimes they’re imprisoning actual people for, it needs to start considering how it is rushing our country headlong toward Banana Republic status. That is, if it can’t or won’t prosecute corporations but–perhaps to justify taking a salary until such time the prosecutors check out and join the corporations they’ve set free–still jails the little people, then DOJ has become just another cog in the machine slowly turning our great democracy into a NeoFeudal land.

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16 Responses to The Goldman Sachs Department of Justice™ Would Like to Apologize to Mr. Blankfein for the Inconvenience

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Emptywheel Twitterverse
JimWhiteGNV RT @raynetoday: This is fundamentally unAmerican. The U.S. was founded on political dissent. https://t.co/MuM7d6qMMJ
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emptywheel @ZaidJilani Don't forget the corn is already subsidized w/ethanol policy.
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emptywheel John Mara is sick of DeflateGate and so this nothing-burger pretending NFL are being reasonable shows in Newsday? http://t.co/gjduYapeRG
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emptywheel @jilliancyork You should check it out.
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emptywheel @jilliancyork Not sure if you know Dayen's work but it's actually as closely tied to policy as anyone I know.
52mreplyretweetfavorite
emptywheel Problem w/local stations is they don't guarantee you ManningLemonSuckingFace where NFL would be sure to capture it.
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emptywheel DAMNIT. Tebow can't even throw an effective interception.
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JimWhiteGNV RT @kirkmurphy: Noooo! “@latimes: Vin #Scully says next year is probably his last as voice of the #Dodgers http://t.co/rRfYKzDidL http://t.…
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bmaz @shaneharris loo, look, you know, whatever.....
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bmaz @shaneharris ...Yours loo...fairly...close, so very interested. http://t.co/t1bV824LO8
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bmaz @shaneharris Okay, I have these things. And love them. But they were purchased at an antique occularium or whatever, and are unique....
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