(digitizedchaos)

Senators Call Out Attorney General For Treating Banks Like They Are “Too Big To Jail”

Like many Americans, Senators Charles Grassley (Iowa) and Sherrod Brown (Ohio) think federal investigators have given banks a mere slap on the wrists for their part in the economic collapse and other misdeeds. So in a letter to U.S. Attorney General Eric Holder, the pair wonder if banks are being viewed by the DOJ as “too big to jail.” [More]

Frontline's "The Untouchables" investigates the lack of criminal prosecutions against Wall Street.

Interview: Frontline’s Martin Smith Talks About The DOJ’s Failure To Prosecute Wall Street

Last week, PBS’ Frontline dedicated an entire hour to the Justice Dept.’s failure to prosecute a single high-ranking bank executive involved in the financial crisis of 2008. Consumerist recently got the chance to discuss the topic with the show’s producer/writer Martin Smith. [More]

Assistant Attorney General Lanny Breuer has been accused by some of being overly fearful of prosecuting big banks.

Report: Asst. Atty. General Who Shied Away From Wall Street Prosecutions To Step Down

Less than 24 hours after his appearance on PBS’ Frontline, where he struggled to explain why his office had brought not one single indictment against a high-level Wall Street executive related to the 2008 financial crisis, Assistant Attorney General Lanny Breuer has reportedly decided to step down. [More]