Skip to comments.WAR ON WALL STREET: Obama Appoints Anti-Business Activist Head of DOJ Division
Posted on 06/26/2014 4:40:17 AM PDT by PreciousLiberty
Banks should brace for assault as Arthur Andersen annihilator now controls worlds largest criminal conviction machine
Meet Leslie Caldwell. President Obama has installed Ms. Caldwell, known as a terror of a prosecutor, as head of the Criminal Division of the Department of Justice. It has been over a decade since Ms. Caldwell destroyed Arthur Anderson, and with it, 85,000 jobsonly to be reversed by the Supreme Court nine to nothing (well after she went into private practice). Now the president has brought her backwith a big promotionand the vengeance of DOJ already aimed at Credit Suisse, BNP Paribas and others.
Ms. Caldwell and her then right hand man, Andrew Weissmann, viewed businessmen and bankers as wise guys on Wall Street, deserving of brutal prosecutorial tactics. Their prosecutions proceeded on the theory that the end justifies the means. Winning was the sole goal. They forgot that the job of a federal prosecutor is to seek justicenot convictions.
(Excerpt) Read more at observer.com ...
What it actually sounds like is a way for the 0 administration to shake down successful businesses for billions of dollars!
I am sure this will help his minus 2.9% GDP.
Since Wall Street has been filling the coffers of Barky and the Democrats, this looks like an extortion play for even more loot.
I have no sympathy, no outrage as Wallstreet funded Obama & the GOPe. Let them eat the crap they funded.
Is there anyone in his regime who isn’t anti-business? Marxism isn’t exactly pro-capitalism.
Pray America wakes up
LOL!! That’s what these people get for SUPPORTING and VOTING for the MARXIST!!! IDIOTS!
They need to “embrace the suck”!
Could care less. Wall street is in bed with obama. This is like the mafia putting a tougher thug on the corner to make sure the cooperation and payments continue.
I wonder what his motivation is?
Administration Issues Fat Wad Against Business Sector
That is one ugly dude.
Could be a failed sex change operation. Not sure which sex was “before” and which was “after”.
This may actually count as evidence in the case some make that Obama is a covert Muslim: one characteristic of Muslims is their stunning ingratitude toward non-Muslim benefactors.
Obama wouldn’t have been elected without the 2008 financial crisis — the issue in the 2008 election before the crash was energy independence, which is why McCain picked an up-and-coming oil state governor to be his running mate — and has benefited massively from donations from Wall Street. Now it’s time to bit the hand that fed him.
Exactly. This is Obama pretending he hates the 1%....and siphoning millions from them.
All a charade.
I’m not sure. Basic Marxist tenant is that Capitalists will sell you the rope you hang them with. Right?
We’ve had a couple decades of growth of crony capitalism. First under Clinton (Robert Rubin) and now under Obama (Obamacare is about as crony capitalist as it gets). It happened under Bush too, but in a more passive/laissaiz faire way.
Now, with two years left in his Presidency, is just about the optimal time to sell out the cronies and strike. How long does it take to put together a solid lawsuit ... From “go” to indictment? I’m guessing DoJ is quiet through the elections and the first suits/indictments hit early in 2015.
That gives Obama two unrestricted years to chop the legs out from under the big business morons who were stupid enough to support him.
“Since Wall Street has been filling the coffers of Barky and the Democrats, this looks like an extortion play for even more loot.”
I think in typical Chicagoland style, this will be yet another tool for attacking his enemies, and thereby aiding his friends. The IRS is potentially small potatoes alongside this...
I wonder if she’s building a dossier on the Koch brothers, for instance? It might be a bad time to be wealthy Republican.