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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Emptywheel Twitterverse
bmaz @JustADCohen Graves is successor. It will never end.
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bmaz @JustADCohen I worked on a piece of Hart v Hill when I first started as a lawyer. That was nearly 30 yrs ago and case was already 10 yrs old
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bmaz If true RT @JGreenDC Whoa @imillhiser @TPM
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bmaz Wherein @ScottGreenfield takes a sartorial, yet unquestionably positive, look at @DavidLat's book "Supreme Ambitions" http://t.co/dXJiOaG5JS
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emptywheel RT @ggreenwald: From Bagram & Gitmo to UK, War on Terror critic @Moazzam_Begg has spent 3.5 years in detention- convicted of nothing https:…
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emptywheel Congratulations to Roger Goodell, who lasted long enough to start slathering over NFL's treatment of domestic abuse with pink ribbons.
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emptywheel Proposed bill: Declare foreverwar that'll indefinitely place Const & any ability to fund domestic progs on hold http://t.co/ZoL27MW2V0
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bmaz Interesting take by @jacklgoldsmith on Koh's defense of Obama Forever War. All now agree protecting war more impt than prtcting Constitution
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bmaz RT @ddayen: FHA rules allow lenders to buy defaulted loans and flip them, gaining $428 million on the sale in 2013 http://t.co/zPcDSXTbXV
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emptywheel @VindalooTitan If they altered taxation, tho, it would make these trade-offs visible. It'd end the fiction of the free war. @DavidCUnger
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bmaz @anneapplebaum @BradMossEsq If only the FSB, IRGC, ISIS etc were one quarter the threat that warmonger security shills claim they are.
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JimWhiteGNV Any truth to the rumor Fareed Zakaria is opening a new website with sports content? #Re2pectCopy
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