This is why his Justice Department coordinated repression against the Occupy Movement and he is now being rewarded for it.
‘[Obama’s U.S. Attorney General (Min. of Justice) Eric] Holder also did a great deal to protect big banks during his tenure at the Department of Justice.
As journalist Lee Fang pointed out in the Intercept on Monday, “The Department of Justice under Holder not only failed to pursue criminal prosecutions of the banks responsible for the mortage meltdown, but in fact de-prioritized investigations of mortgage fraud, making it the ‘lowest-ranked criminal threat,’ according to an inspector general report.”
Moreover, Holder is famous for his ethos and phrase: big banks are “too big to jail.”…’
via After 6-Year Tenure Not Prosecuting Banks, Eric Holder Returns 'Home' to Defend Them | Common Dreams | Breaking News & Views for the Progressive Community.