Eric Holder Returns to Wall Street-Tied Law Firm After Years of Refusing to Jail Bankers

http://www.truth-out.org/news/item/31781-eric-holder-returns-to-wall-street-tied-law-firm-after-years-of-refusing-to-jail-bankers

In the latest sign of the revolving door between Wall Street and Washington, recently retired U.S. Attorney General Eric Holder is returning home – to the corporate law firm Covington & Burling, where he worked for eight years before becoming head of the Justice Department. During his time at Covington, Holder’s clients included UBS and the fruit giant Chiquita. The law firm’s client list has included many of the big banks Holder failed to criminally prosecute as attorney general for their role in the financial crisis, including Bank of America, JPMorgan Chase, Wells Fargo and Citigroup. We speak with Matt Taibbi, award-winning journalist with Rolling Stone magazine. “I think this is probably the single biggest example of the revolving door that we’ve ever had,” Taibbi says. Please check back later for full transcript.

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