Like a
lot of other Americans, Sen. Elizabeth Warren wants to know why the
Department of Justice hasn’t criminally prosecuted any of the major
players responsible for the 2008 financial crisis
On Thursday,
Warren released two highly provocative letters demanding some
explanations. One is to DOJ Inspector General Michael Horowitz,
requesting a review of how federal law enforcement managed to whiff
on all 11 substantive criminal referrals submitted by the Financial
Crisis Inquiry Commission (FCIC), a panel set up to examine the
causes of the 2008 meltdown.
The other is
to FBI Director James Comey, asking him to release all FBI
investigations and deliberations related to those referrals. The FBI
typically doesn’t release investigative details about cases that
DOJ chooses not to pursue, but Warren pointed out that in releasing
information about presidential candidate Hillary Clinton’s use of a
private email server in July, he had pretty much shattered that
precedent, and set a new one.
“You
explained these actions by noting your view that ‘the American
people deserve those details in a case of intense public interest,’”
Warren wrote to Comey. “If Secretary Clinton’s email server
was of sufficient ‘interest’ to establish a new FBI standard of
transparency, then surely the criminal prosecution of those
responsible for the 2008 financial crisis should be subject to the
same level of transparency.”
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