Oba-Cronyism: DOJ will not prosecute Goldman Sachs, employees for Abacus deal
When Bush 41 came into office, his DOJ met the then Savings and Loan scandal head on, resulting in some high profile prosecutions and convictions. Obama and Holder have done the opposite, playing politics with DOJ at every chance. This latest news via www.reuters.com.
Neither Goldman Sachs Group Inc nor its employees will face U.S. criminal charges related to trades they made during the financial crisis that were highlighted in a 2011 U.S. Senate report, the Justice Department said on Thursday.
The unusual announcement not to prosecute criminally came in an unsigned statement attributed to the department.