Why Eric Holder’s new job is an insult to the American public

Salon has the article Why Eric Holder’s new job is an insult to the American public.

If Las Vegas took bets on whether recently departed Attorney General Eric Holder would return to corporate law firm Covington & Burling, the casinos would have run out of money faster than Greek banks. Newborn infants could have guessed at a homecoming for the former partner at Covington from 2001 to 2009. Last year, Holder bought a condo 300 feet from the firm’s headquarters. The National Law Journal headlined the news, “Holder’s Return to Covington Was Six Years in the Making,” as if acting as the nation’s top law enforcement officer was a temp gig. They even kept an 11th-floor corner office empty for his return.

If we had a more aggressive media, this would be an enormous scandal, more than the decamping of former Obama Administration officials to places like Uber and Amazon. That’s because practically no law firm has done more to protect Wall Street executives from the consequences of their criminal activities than Covington & Burling. Their roster of clients includes every mega-bank in America: JPMorgan Chase, Wells Fargo, Citigroup, Bank of America. Yet Holder has joined several of his ex-employees there, creating a shadow Justice Department and an unquestionable conflict of interest. In fact, given the pathetic fashion in which DoJ limited punishment for those who caused the greatest economic meltdown in 80 years, Holder’s new job looks a lot like his old job.

We won’t have a more aggressive media until the people demand it. How can readers’ demands be more powerful than the corporate medias instincts to protect its own interests? I think that refusing to view or read corporate media except to expose it might get some corporate executive’s attention. I have already cancelled my subscription to The Boston Globe.

The current campaign will saturate this blog with all the links I can find relating to the Holder story. The first post was Eric Holder, Wall Street Double Agent, Comes in From the Cold.

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