Will GM Be Too Big To Jail Too?

Mr. Joe Nocera asks important questions in the NY Times:“So the question worth asking, as Holder plans to step down, is not what his department did but why it did so little. Why was it so reluctant to pursue the financial crimes connected to the 2008 crisis?…. “Adam Levitin, a professor at Georgetown Law School, had his own list of reasons, which he emailed me. They included fear that the Obama administration would be accused of an anti-business witch hunt if it went after Wall Street; “deep personal, cultural, financial and political ties” between the administration and Wall Street; and a lack of understanding of the products and markets involved. “What it all boils down to,” Levitin concluded, “is that we didn’t have prosecutions because no one ever really wanted to prosecute.”  Seearticle and comments at http://www.nytimes.com/2014/09/30/opinion/joe-nocera-the-hole-in-holders-legacy.html?mabReward=RI%3A5&action=click&contentCollection=Opinion&region=Footer&module=Recommendation&src=recg&pgtype=article