The Patriot Post® · Not 'Too Big to Jail'

The massive bailout of banks following the 2008 financial crisis didn’t solve the “too big to fail” problem; it institutionalized it. But now, Attorney General Eric Holder is saber rattling about prosecuting bank officials, saying no bank is “too big to jail.” In fact, he said, “[I]t is fully possible to criminally sanction companies that have broken the law, no matter their size. While I will not specify any particular targets, I will say this: I am personally monitoring the status of these ongoing investigations, I am resolved to seeing them through, and in doing so, I intend to reaffirm the principle that no individual or entity that does harm to our economy is ever above the law.” Except, of course, anyone in the administration.