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
bmaz @seemakalia Shhhhhhh!!! That kind of talk only makes her obstreperous!
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bmaz Who's that lady? Also, where is Yikes lately? @jilliancyork http://t.co/Z42Bfflukc
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JimWhiteGNV @cherylrofer That's my assumption.
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emptywheel @tse2935 How old's grandson?
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emptywheel @steveglista Maybe just recommend he seek work with PwC? Seems like it'd be a perfect fit. @ageis
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emptywheel Don't want it to happen, but am curious whether Ducey is gonna get the same kind of treatment DeBlasio go. @bmaz
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emptywheel RT @RobertMLee: Why Cybersecurity Dollars Do Not Add Up At the Pentagon http://t.co/1hhB1L8dyJ
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emptywheel @tse2935 I think daytimes are for mom's w/their kids, particularly as it gets warm enough to sic them on that kid's garden.
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emptywheel @thegrugq No Bitcoin for you? Cmon, everybody's doing it.
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emptywheel @steveglista I repeat against my questions abt why the investigation into the investigation is in a totally different district. @bmaz
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emptywheel @steveglista Dratel's certainly gonna raise a stink. http://t.co/XbuB87e2W3 @bmaz
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JimWhiteGNV @Pedinska Heh. Not really. My strategy is usually "get tough or die".
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