Elizabeth Warren on Obama: 'They Protected Wall St-- Not Families Who Were Losing Their Homes'
On Sunday, Sen. Elizabeth Warren (D-MA) blasted President Barack Obama for protecting big-money crony capitalists on Wall Street, instead of average families on Main Street.
"He picked his economic team and when the going got tough, his economic team picked Wall Street," said Warren in an interview with Salon. "They protected Wall Street. Not families who were losing their homes. Not people who lost their jobs. ... And it happened over and over and over."
Warren is hardly the first to highlight Obama's inaction on prosecuting Wall Street executives.
In May 2012, Government Accountability Institute (GAI) President Peter Schweizer and former Newsweek reporter Peter Boyer put the Obama administration's failure to prosecute Wall Street executives in the spotlight with their explosive Newsweek articletitled "Why Can't Obama Bring Wall Street to Justice?" The piece revealed that Attorney General Eric Holder and senior Department of Justice (DOJ) officials were pursuing a "justice for sale" strategy that sidestepped prosecuting Wall Street executives at large financial institutions who were also clients of Holder's law firm, Covington & Burling.
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Sen. Elizabeth Warren |
By Wynton Hall, Oct. 13, 2014, Breitbart.com
On Sunday, Sen. Elizabeth Warren (D-MA) blasted President Barack Obama for protecting big-money crony capitalists on Wall Street, instead of average families on Main Street.
"He picked his economic team and when the going got tough, his economic team picked Wall Street," said Warren in an interview with Salon. "They protected Wall Street. Not families who were losing their homes. Not people who lost their jobs. ... And it happened over and over and over."
Warren is hardly the first to highlight Obama's inaction on prosecuting Wall Street executives.
In May 2012, Government Accountability Institute (GAI) President Peter Schweizer and former Newsweek reporter Peter Boyer put the Obama administration's failure to prosecute Wall Street executives in the spotlight with their explosive Newsweek articletitled "Why Can't Obama Bring Wall Street to Justice?" The piece revealed that Attorney General Eric Holder and senior Department of Justice (DOJ) officials were pursuing a "justice for sale" strategy that sidestepped prosecuting Wall Street executives at large financial institutions who were also clients of Holder's law firm, Covington & Burling.
Read the full story: www.breitbart.com
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