Spitzer: ‘This Department of Justice — a failure, top to bottom. Eric Holder, failure

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Spitzer: ‘This Department of Justice — a failure, top to bottom. Eric Holder, failure’ [VIDEO]​

12/14/2012
Jeff Poor


Current TV “Viewpoint” host and former New York Governor Eliot Spitzer said the Justice Department’s $1.9 billion settlement with global banking giant HBSC was little more than a “slap on the wrist.”

“Talk about another cave, HSBC — little tiny slap on the wrist,” Spitzer said, in a preview segment for his show during Cenk Uygur’s “The Young Turks” on Thursday. “‘Go give money to drug lords’ — that’s what the banks are being told over and over. Shameful, absolutely outrageous what [Attorney General] Eric Holder has done here. I can’t believe it.”

The Justice Department reached the settlement earlier this week, after a government report found HBSC responsible for exposing the U.S. financial system “to a wide array of money laundering, drug trafficking and terrorist financing.”

Spitzer said this settlement sent the wrong message to the banking community.

“Here’s what you do if you’re HBSC: You go down to the drug countries and you say, ‘We’re open for business, because we make a lot of money doing this and then if they catch us, we only give a little bit of it back to the government and maybe a little bit of our bonuses, but maybe not,’ and that is what Eric Holder is saying,” Spitzer continued.

“But, if they catch on you on the street with a little reefer in your pocket — the [government is] still going to send you to jail,” Spitzer said. “Hypocrisy — it is grotesque. It’s outrageous.


Read more:
Spitzer: 'This Department of Justice --- a failure, top to bottom. Eric Holder, failure' | The Daily Caller
 
Just what is the opinion of a former attorney general and New York Governor worth concerning the operation of the Justice Department - given that he was forced to resign for soliciting the services of a $1,000-an-hour call girl?
 

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