Barack Obama

THE PRESIDENT: Well, first on the issue of prosecutions on Wall Street, one of the biggest problems about the collapse of Lehmans and the subsequent financial crisis and the whole subprime lending fiasco is that a lot of that stuff wasn't necessarily illegal, it was just immoral or inappropriate or reckless. That's exactly why we needed to pass Dodd-Frank, to prohibit some of these practices.

The financial sector is very creative and they are always looking for ways to make money. General's job -- I think part of people's frustrations, part of my frustration, was a lot of practices that should not have been allowed weren't necessarily against the law, but That's their job. And if there are loopholes and rules that can be bent and arbitrage to be had, they will take advantage of it. So without commenting on particular prosecutions -- obviously that's not my job; that's the Attorney they had a huge destructive impact. And that's why it was important for us to put in place financial rules that protect the American people from reckless decision-making and irresponsible behavior.


http://blogs.suntimes.com/sweet/2011/10/obama_oct_6_2011_press_confere.html

Do you think the attackers care if it was illegal or not when they rage at Holder? Right.

Here's another legacy of AG Holder's..

"Holder's Legacy: Steering Away From the Drug War and Mass Incarceration"

http://www.democraticunderground.com/?com=view_post&forum=1102&pid=25682

Remarkable Civil and Human Rights Legacy!