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Eric Holder Resigns, Setting Up Fight Over Successor

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Adam Liptak's interview with Judge Rakoff on the Justice Department's failure to prosecute individuals responsible in the 2008-2009 financial crisis

11/28/2011

Liptak's intervew comes as Judge Rakoff outlined his views on moral responsibility and the consequences of not holding responsible the individuals involved. He also speculates on why the Justice Department -including Bauer and Attorney General Holder- has failed to take action. On Holder's argument that this would have done damage to the U.S. economy, Rakoff says this violates the principle of equal responsibility before the law. As a result billions of dollars have been collected from corporations for violations but few individuals have been prosecuted and sentenced who were involved in activities leading to the crisis, and no serious deterrent for individuals established.

Grouped Articles

Stern Words for Wall Street’s Watchdogs, From a Judge

New York Times 12/16/2013

SEC-Citi Pact Rejected by Judge Rakoff

Wall Street Journal 11/28/2011

Eric Holder Resigns, Setting Up Fight Over Successor

New York Times 09/25/2014

The Hole in Holder’s Legacy

New York Times 09/29/2014

Banks as Felons, or Criminality Lite

New York Times 05/22/2015


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