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 RT @HanniFakhoury: @bmaz @robertcaruso nope but not surprised; exactly what @marciahofmann warned about when fingerprint ID came out: http:…
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bmaz @HanniFakhoury @robertcaruso @marciahofmann I sure don't like it, but under law as I understand it, it seems a legitimate ruling.
18mreplyretweetfavorite
bmaz RT @robertcaruso: VA Beach judge rules law enforcement can compel you to use TouchID/fingerprint to unlock your iPhone/mobile device http:/…
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bmaz @HanniFakhoury @robertcaruso @marciahofmann Right. Sucks, but predictable.
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bmaz @HanniFakhoury You see this on compelled fingerprint phone unlock in VA? http://t.co/MJNRKJjbz7 @robertcaruso
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emptywheel It's almost as all these Five Eyes countries were working in concert in establishing legal basis for their global dragnet.
29mreplyretweetfavorite
emptywheel And Canada joins the rest of the Five Eyes in expanding their country's Five Eyes assertion it can spy everywhere. http://t.co/No4TlWBumW
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emptywheel Barbaric beheadings: ISIL, Saudi Arabia, and Oklahoma. http://t.co/U4AYEGllS8
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emptywheel Thinking @iamjohnoliver should do an extended piece on Nurse Hickox bc it's perfect example of US idiocy and he'd do a perfect job.
40mreplyretweetfavorite
emptywheel Realizing that FBI could have had Awlaki tapped under PAA after all. Would be interesting for defendants found off his collex.
41mreplyretweetfavorite
emptywheel @froomkin Rarely is the question asked, is our spooks intelligenceing? https://t.co/vhJWngCP1f
46mreplyretweetfavorite
emptywheel @froomkin Rarely is the question asked: Is our spooks learning?
47mreplyretweetfavorite
August 2012
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