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 @tomwatson @SusanSarandon @SenSanders No, because, once again, this perceived slight is complete garbage. Seriously, you need to get a grip.
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bmaz @KellyFlood3 Hey Buddy!
8mreplyretweetfavorite
bmaz @ryanlcooper Which is not to say that greater economic equality couldn't be a positive step on racism though. It certainly would be.
12mreplyretweetfavorite
bmaz @ryanlcooper I've been to Sanders stump live, he never says that and neither does anybody else I know.
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emptywheel @drvox Doesn't that undermine your entire comic book BernieBro arg? You said, "Well, these past events were bc of right wing nuts."
16mreplyretweetfavorite
emptywheel RT @wizardkitten: Staring to think there is a Reagan birthday curse surrounding Dem messaging today.... https://t.co/sP5s7deEzY
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bmaz @MonaHol This is spot on in many ways https://t.co/R7SC8wlDjs
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bmaz The case against Hillary Clinton https://t.co/R7SC8wlDjs An excellent and sober look at the substantive issues with a Clinton Presidency.
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emptywheel @beardedcrank Lehman, Goldman will be issue for Kasich, Jeb, Cruz if they get nomination. But that's all a bit more. @nickconfessore
33mreplyretweetfavorite
emptywheel @nickconfessore Well, and that she's a Democrat. Don't imagine Condi's post-State speeches would ever cause her same problem if she ran.
39mreplyretweetfavorite
emptywheel Hoping new Beyonce video makes NFL think back to Janet's boob with nostalgia and fear.
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