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
emptywheel What's remarkable abt comparisons of how often British and American cops shoot is it's not like UK lacks either racism or terror-panic.
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emptywheel @nzmrmn No biggie. And @radleybalko 'd deserve praise for covering these issues for years in any case. @kitoconnell
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emptywheel @nzmrmn Presume @radleybalko know I meant it as praise. The snark was directed elsewhere. @kitoconnell
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emptywheel Crazy idea @radleybalko had: going just a few towns over from press-packed Ferguson to report on same underlying conditions! #jounamalising
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emptywheel RT @radleybalko: Reporting in non-Ferguson St. Louis County. There are problems here. Words sources have used: Crushing. Staggering. Entren…
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JimWhiteGNV Why, thank you so much, ios 7.1.2, but I really didn't ask you to erase all the dates and times on my reminders.
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emptywheel @MiekeEoyang Fair point. I had missed that he had moved there, I guess.
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emptywheel @MiekeEoyang Sadly, not IN govt anymore. David Addington took care of that.
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emptywheel RT @MiekeEoyang: Bill Leonard is one of the most thoughtful people in government about the dangers of overclassification: http://t.co/4kQBM
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emptywheel @JohnFurrToronto "We're the cops, but we let someone invade our town with tranks and did nothing." @gkielec
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JimWhiteGNV RT @jaketapper: St. Ann Police Officer who pointed semi-automatic assault rifle at peaceful protestor has been relieved of duty & suspended…
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emptywheel Of course, Ferguson's flurry of press releases might be more credible if they were signed using some contact's name.
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