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July 8, 2015

Eric Holder, Wall Street Double Agent, Comes in From the Cold

“Eric Holder has gone back to work for his old firm, the white-collar defense heavyweight Covington & Burling. The former attorney general decided against going for a judgeship, saying he’s not ready for the ivory tower yet. ‘I want to be a player,’ he told the National Law Journal, one would have to say ominously.”

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“The watchdog group Better Markets described the $13 billion Chase settlement, one of the biggest extrajudicial deals, as ‘an unprecedented settlement amount [that] cannot…immunize the DOJ from having to obtain independent judicial review of its otherwise unilateral, secret actions.'”

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Read the full Rolling Stone article by Matt Taibbi here.

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