To this day Jon Corzine has walked away from a financial disaster in which his customer accounts were raped of hundreds of millions in order to keep his investment bank afloat. Once again, Holder refuses to get out of the drivers seat, and the GOP continue on the sidelines asking for a special prosecutor to investigate the matter.
WT investigated: “Sixty-five members of Congress have signed a letter to Attorney General Eric H. Holder Jr. requesting that he appoint a special prosecutor to investigate MF Global’s collapse and the loss of $1.6 billion in customer money. As the New York Times has noted, “Mr. Holder has the ultimate authority to decide whether a special counsel is necessary.”
Some contend that the fact that Mr. Holder, Mr. Corzine and Associate Attorney General Tony West all previously served as fundraising “bundlers” for President Obama’s presidential campaign is enough to warrant Mr. Holder’s recusal and the appointment of a special prosecutor. Indeed, a letter signed by 65 members of Congress cites Mr. Corzine’s $500,000 in fundraising for Mr. Obama as one of the reasons a special counsel is needed. A subsequent report by Bloomberg revealed that MF Global had written clauses into bond offerings indicating that Mr. Corzine, a former Democratic U.S. senator and governor of New Jersey, might join a future Obama administration as a Cabinet officer, a revelation that surprised even experienced Wall Street executives.”
Another incident to add to the list of Holder passed on investigations. He is building it. Why?
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Posted on July 26, 2012
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