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Breaking News Home | All | Religion | Society | Tech | Choice | SA News
FRONT PAGE  |  8/29/2015
WEDNESDAY, MAR 13, 2013  |  15 comments
Holder admits some banks 'too big to jail'

More than three months after the Justice Department administered a virtual slap on the wrist to global banking giant HSBC after a whistleblower’s report to WND of massive fraud was confirmed, Attorney General Eric Holder admitted to a Senate panel he believes some banks are too big to prosecute.

Under questioning before the Senate Judiciary Committee last Wednesday, Holder said he was not referring specifically to HSBC, because it would not be “appropriate,” but the message was clear.

Banks the size of HSBC are “too big to jail,” as a member of the Senate panel put it. ...


CLICK HERE to Read Entire Article
www.wnd.com

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· Page 1 ·  Found: 15 user comment(s)
News Item3/18/13 10:32 PM
Rufus | Fort Worth, TX  Protected NameFind all comments by Rufus
Jim Lincoln wrote:
Ah, Rufus, that great Federalist (Now what is the Republican Party) Alexander Hamilton had the brilliant idea of the Federal Reserve and Federal banks...
It's Hamilton's world now.
15

News Item3/18/13 2:25 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Ah, Rufus, that great Federalist (Now what is the Republican Party) Alexander Hamilton had the brilliant idea of the Federal Reserve and Federal banks (q.v. The Federal Reserve System -- Online. I will agree with the former GOP VP candidate, Ryan, about how the big banks should be broken up into more manageable bits and thus better observed and regulated. The Glass-Steagall act was something that Bad Billy Clinton and some Republican cohorts shouldn't have gotten rid of. So, if you just click passed the obnoxious ad to void DOMA, you can see what Congressman Ryan had to say about, ... ‘I Agree’ We Need To Reinstate Glass-Steagall
14

News Item3/18/13 2:05 PM
Rufus | Fort Worth, TX  Protected NameFind all comments by Rufus
Jim Lincoln wrote:
You have perhaps noticed by now I have taken valid information from various sources, e.g. the (in)famous Chris Hitchens wrote good articles on Muslims, Jefferson Versus the Muslim Pirates or Ma Teresa and her gang, Mommie Dearest--The pope beatifies Mother Teresa...A Fraud (with the usual warning any articles found in the side bars may be less fit to read. ) So, with another source I wouldn't usually use here is what Congressman Paul Ryan had to say about, Paul Ryan: ‘I Agree’ We Need To Reinstate Glass-Steagall a way to fix banks.
The way to fix banks would be to reinstate the Constitution and end the Federal Reserve System (which is not Federal has no reserves and is more of a criminal syndicate than a system). See the Coinage Act of 1792 for what a dollar ought to be.
13

News Item3/18/13 1:55 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
You have perhaps noticed by now I have taken valid information from various sources, e.g. the (in)famous Chris Hitchens wrote good articles on Muslims, Jefferson Versus the Muslim Pirates or Ma Teresa and her gang, Mommie Dearest--The pope beatifies Mother Teresa...A Fraud (with the usual warning any articles found in the side bars may be less fit to read. ) So, with another source I wouldn't usually use here is what Congressman Paul Ryan had to say about, Paul Ryan: ‘I Agree’ We Need To Reinstate Glass-Steagall a way to fix banks.
12

News Item3/14/13 2:55 PM
Mike | New York  Find all comments by Mike
Vanburn wrote:
Amazing how the only bad guys identified are foreign banks.
The multinationals should be exempt from fraud prosecution because of their size?
11

News Item3/13/13 7:24 PM
Vanburn  Find all comments by Vanburn
Mike wrote:
Maybe Holder is more comfortable identifying with the bad guys.
Amazing how the only bad guys identified are foreign banks.
10

News Item3/13/13 7:10 PM
Mike | New York  Find all comments by Mike
Vanburn wrote:
No, American owned multinationals should not be given a free pass.
True. Neither should Brit owned HSBC, where this Holder article began.
9

News Item3/13/13 4:30 PM
Vanburn  Find all comments by Vanburn
Mike wrote:
The multinationals should be exempt from fraud prosecution because of their size?
No, American owned multinationals should not be given a free pass.
8

News Item3/13/13 4:23 PM
Rufus | Fort Worth, TX  Protected NameFind all comments by Rufus
Mike wrote:
The multinationals should be exempt from fraud prosecution because of their size?
Once you are big enough you can be above the law...cool eh?
7

News Item3/13/13 4:04 PM
Mike | New York  Find all comments by Mike
Vanburn wrote:
Amazing how the bad guys identified are foreign banks.
The multinationals should be exempt from fraud prosecution because of their size?
6

News Item3/13/13 3:53 PM
Vanburn  Find all comments by Vanburn
Mike wrote:
Maybe Holder is more comfortable identifying with the bad guys.
Amazing how the bad guys identified are foreign banks.
5

News Item3/13/13 3:46 PM
Mike | New York  Find all comments by Mike
"More than three months after the Justice Department administered a virtual slap on the wrist to global banking giant HSBC after a whistleblower’s report to WND of massive fraud was confirmed, Attorney General Eric Holder admitted to a Senate panel he believes some banks are too big to prosecute."

Maybe Holder is more comfortable identifying with the bad guys.

4

News Item3/13/13 11:29 AM
Frank  Contact via emailFind all comments by Frank
The too big to fail or prosecute idea is certainly not according to God's word. There are lots of scriptures telling us that God wants us to be impartial in our judgments; like He is. Our Lord will make everything right on day! The below is probably the clearest.

[19] Thou shalt not wrest judgment; thou shalt not respect persons, neither take a gift: for a gift doth blind the eyes of the wise, and pervert the words of the righteous. (Deu 16:19 KJV)

[2] O LORD, how long shall I cry, and thou wilt not hear! [even] cry out unto thee [of] violence, and thou wilt not save! [3] Why dost thou shew me iniquity, and cause [me] to behold grievance? for spoiling and violence [are] before me: and there are [that] raise up strife and contention. [4] Therefore the law is slacked, and judgment doth never go forth: for the wicked doth compass about the righteous; therefore wrong judgment proceedeth. (Hab 1:2-4 KJV)

3

News Item3/13/13 10:36 AM
mr b  Find all comments by mr b
Holder should be in jail
2

News Item3/13/13 7:43 AM
Christopher000 | Rhode Island  Find all comments by Christopher000
Well, you can't prosecute the actual building, Mr. Holder, but how about the officers and executives who are complicit? HSBc gets a hefty fine but none of the thieves get indicted. Great message for the other too large to fail, or prosecute banks.
1
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