Making Sure Fraud Gets Punished? Thanks, President Obama And AG Holder

U.S. President Obama and Attorney General Holder attend the National Peace Officers Memorial Service at the Capitol in Washington


NYT: Justice Dept. Sets Record In Penalties For Fraud

The Justice Department collected a record $24.7 billion in penalties from fraud and other cases in the 2014 fiscal year, the agency said on Wednesday, as fines against banks for financial misconduct soared. Collections from civil and criminal actions, including money collected on behalf of other agencies, was $8 billion in 2013, and $13 billion in 2012. Collections in 2014 were bolstered by multibillion-dollar payouts from JPMorgan Chase and Citigroup to resolve claims they misled investors about the quality of mortgage bonds in the run-up to the financial crisis, and include $11 billion in payments made to federal agencies or states. Payouts in the 2014 fiscal year, which ended Sept. 30, also include hundreds of millions of dollars in fines levied on UBS and Royal Bank of Scotland.

More here


Barack Obama, Eric Holder



143 Responses to “Making Sure Fraud Gets Punished? Thanks, President Obama And AG Holder”

    • November 22, 2014 at 6:29 pm

      Now, let’s see how much traction this HUGE story actually gets.

      • 3 Linda
        November 22, 2014 at 6:42 pm

        Hi… I just sent the story to CNN as a ” News Tip “

      • 5 arapaho415
        November 22, 2014 at 6:51 pm

        Hiya, Tally. Congrats on #1 this fine afternoon.

        TOD has been a great source today of items that we hear crickets from the usual MSM/GOP/Koch/Comcast suspects.

        And Lynn, in upstate NY, had a heartwarming story of her stranded 81-year-old Mother being helped by strangers in Encino. Isn’t *that* something?

        Also heard on @knx1070 this afternoon that many Guantanamo prisoners are learning Spanish (can’t find on the Internet though), hoping to be released to a South American country. I wonder if #PBO’s action on deportation will spur cooperation from our allies and Southern neighbors on this possibility?

        “US releases Muhammad al-Zahrani, the 13th prisoner released this year and the seventh in just two weeks, despite calls from GOP to end transfers”

        I wouldn’t be surprised if #PBOunleashed will close Guantanamo before 2017, despite GOP congressional opposition.

        PBO more than any person knows what it’s like to have clean up someone else’s messes. Don’t you hate it when that happens at work?

        • 6 Vicki
          November 22, 2014 at 7:03 pm

          That is so interesting arapaho, about the detainees learning spanish. Squares with the stories about Uruguay agreeing to take 6 detainees scheduled to be released soon.

        • 7 Lynn
          November 22, 2014 at 9:48 pm

          How sweet of you, arapaho. When I passed on the good wishes to my mom, she was amazed at how far flung this community is.
          I always lurk, rarely post, but feel always like this is my home.

          Much love to one and all.

    • November 22, 2014 at 8:37 pm

      Well, they didn’t go to jail so it will be “Wah wah ! They didn’t go to jail”, and if he sent them to jail it would be “Wah wah he didn’t have them jail and hung by their thumbs”, and if he had them jailed and hung by their thumbs it would be “Wah wah he didnt jail them, hang them by their thumbs and dtraw and quarter them!” Because nothing is ever enough. And I’m talking about some of his “supporters”.

    • 9 Betsy
      November 22, 2014 at 8:38 pm

      Congrats on first Tally!

  1. November 22, 2014 at 6:29 pm

    Was preparing to leave this important video on the previous thread when noticed a new, fine NW report had emerged!!! Thank you, once again, NW for bringing these important developments to the TOD community.

  2. 13 susanne
    November 22, 2014 at 6:30 pm

    wow! great post, nerdy. thanks so much for putting this story together.

  3. November 22, 2014 at 6:31 pm

    Thank yooooooooooooooou Nerdy!!

  4. November 22, 2014 at 6:58 pm

  5. 34 hopefruit2
    November 22, 2014 at 7:10 pm

    LAWD…so now even Norman Bates from psycho/Bates Motel gets to be symbol of Hope n Change? ROTFLMAO! 🙂 🙂

  6. November 22, 2014 at 7:16 pm

    Will no one pity the poor 1%ers who are being hounded by this dastardly duo?

  7. November 22, 2014 at 7:17 pm

    Chips: Watching the IRL v AUS rugby match. Your boys are slapping the Aussies around like an alpha male kangaroo asserting dominance.

  8. November 22, 2014 at 7:18 pm

  9. November 22, 2014 at 7:19 pm

    Getting the hang of Windows 8.1. The laptop is SUPER fast. And, more importantly, I’m taking full advantage of the wifi.

  10. 49 jacquelineoboomer
    November 22, 2014 at 7:27 pm

    There are no words …

    • November 22, 2014 at 7:32 pm

      I’m just wondering how to take this, Jacqueline. I was so certain they’d come to a (pro-Wilson) decision quickly, I’m almost relieved they’re taking their time, it suggests some flippin’ debate in that room. Unless it’s all for show, to make it look like they actually considered the evidence. Or that the decision is made but the authorities are delaying the announcement until they turn the place in to a military zone? Ah, who knows. The whole thing is insane.

      • 51 99ts
        November 22, 2014 at 7:46 pm

        I don’t believe a word any “law enforcement” source in Ferguson says. They are 100% liars – all of them and any of them.

      • November 22, 2014 at 7:56 pm

        Chips, the longer that Grand Jury meets, the better.

        What I’ve been wondering, but have seen essential zero ‘ink spilled’ on the topic is –> what happens if Wilson is Indicted.

        Envision the Cliven Bundy fiasco, and ask yourself could it be that Gov Nixon and others are preparing because they’ve run the scenario and are quite concerned what to do if a bunch of exceedingly well armed White dudes decided to ride into town to ‘save Wilson.’

        • November 22, 2014 at 8:00 pm

          To be honest Bob, not once through all this has it ever entered my head that he’ll be indicted, especially when I saw the make-up of the Grand Jury, I just don’t see it happening.

          And you can be sure, if a bunch of well armed White dudes stroll in to town, they’ll be dealt with a lot more gently than the Michael Brown protestors.

        • 56 99ts
          November 22, 2014 at 8:19 pm

          Methinks they will act very differently towards such people as they act towards those who support Mike Brown – I don’t think the Governor had such a thought in his mind.

        • November 22, 2014 at 8:43 pm

          Well, Chips and 99, if I were Gov Nixon, I’d be way more concerned about the reaction to an indictment than perhaps he and others have the capacity to recognize.

          Nancy, earlier today, summarized why …

          • November 22, 2014 at 8:52 pm

            My other concern is how #Daesh or #AQ might be planning to exploit the situation, irrespective of the decision. For Federal Agencies, particularly Homeland Security, to be so involved, seems a bit asymmetric.

      • 59 jacquelineoboomer
        November 22, 2014 at 7:58 pm

        I heard earlier in the week that the grand jury had asked for more information – believe on the autopsy ordered on behalf of the Brown family. The discussion was that it appeared the panel was “still working” and even was getting something from “the other side,” since the prosecutor is the one who presents the case. So I guess we could translate that into hoping the grand jury is taking everything seriously.

        On the other hand, Darren Wilson killed Michael Brown on Aug. 9. We are up to the Thanksgiving holiday next week. Even though all holidays for the Brown family are changed forever, why do I think the announcement will come just before Thanksgiving … to ruin this particular holiday for each and every other person in the Ferguson area – including the school children on holiday break, all of whom know what’s going on. Salt in the wounds.

        Nothing about the aftermath has been handled correctly, in my book. Nothing.

      • 60 Vicki
        November 22, 2014 at 8:32 pm

        Your point, Chips, is well supported by photos on line of armoured caravans heading for St. Louis.
        The municipal area of Clayton where the courthouse is is totally barracaded.
        SS or special ops types with ear thingies are unloading vehicles in parking lots in downtown Clayton.

        They look like they are preparing for WWIII.

        My inside source—-family—- tells me they have heard there will be no decision until after Thanksgiving.

        I’m not sure why and I can’t back it up but I think we will see a decision announced tomorow.

        • November 22, 2014 at 8:35 pm

          My gawd Vicki, it really is like they are preparing for war. I am sick to the pit of stomach over the announcement and the consequences, ‘law’ enforcement is so pumped up now, I fear for the safety of people protesting. It’s beyond depressing.

          • 62 Betsy
            November 22, 2014 at 9:03 pm

            My wish is that everyone stays inside and deprives the media and the racists of their “thug meme” and leave the police looking totally foolish.

            • 63 Vicki
              November 22, 2014 at 9:14 pm

              Betsy—that has been my thought all along. I have seen it mentioned by many other people,but if it has gotten any traction it is not apparent.

            • November 22, 2014 at 9:16 pm

              I just don’t know what’s best Betsy, I kind of like the idea of a mass silent protest, thousands of people gathering in quiet and facing the police lines.

  11. November 22, 2014 at 7:30 pm

    Just purchased 100GB of storage on Google Drive so I can stash my ebook collection. Next I’ll upload my consciousness.

  12. November 22, 2014 at 7:42 pm

    Update on my sis in law.

    They have her doped up on Ativan, and the procedure is scheduled for tomorrow at noon.

  13. 82 jacquelineoboomer
    November 22, 2014 at 7:44 pm

  14. November 22, 2014 at 7:47 pm

  15. November 22, 2014 at 7:58 pm

    Whew. These two blokes may be eye-candy, but ain’t no messing around wig them! They are cool, but fierce! Hey y’all! What a week! 🙂

    November 22, 2014 at 8:01 pm


  17. November 22, 2014 at 8:08 pm

  18. November 22, 2014 at 8:16 pm

  19. November 22, 2014 at 8:25 pm

    I don’t care what Chips says, rugby is a hell of a good sport.

  20. November 22, 2014 at 8:25 pm

  21. 128 hopefruit2
    November 22, 2014 at 8:27 pm

    Yes, the WHPC must be waiting for the RNC/Rove/Koch memo to tell them how to proceed….or waiting for another manufactured scandal to take effect…

  22. 129 desertflower
    November 22, 2014 at 8:39 pm

    If you haven’t read this and shared it widely…do it now! More than a little disturbing, it must begin the dialog that we need to put an end to this once and for all.


    Jackie was just starting her freshman year at the University of Virginia when she was brutally assaulted by seven men at a frat party. When she tried to hold them accountable, a whole new kind of abuse began

    Read more: http://www.rollingstone.com/culture/features/a-rape-on-campus-20141119#ixzz3JqrPcNsF
    Follow us: @rollingstone on Twitter | RollingStone on Facebook

    • 130 Nerdy Wonka
      November 22, 2014 at 8:47 pm

      I read it the other day and just about wept for Jackie and others who have had such horror visited upon them by scum who call themselves “human.”

      The numerous UVA fight songs that glorified raping women and destroying their lives were stomach churning. Apparently, at UVA, cheating is not acceptable but gang raping girls is a-ok.

      The administration’s acceptance of the rape culture on campus as long as the rich kids parents kept ponying up millions of dollars is nauseating.

      I bet UVA never imagined that there would be an Obama administration that would begin cracking down on their despicable attitudes.

      The overarching piece made me so proud of Jackie and how far she has come from that brutal day. Wishing her continued success in life.

      • 131 desertflower
        November 22, 2014 at 8:53 pm

        Could not agree more. Nauseating and gut-wrenching to read. We should not have to describe a victim of gang rape as “brave” to report it and push the issue to the fore. I hope this school, and others, get public shame and ridicule as well as huge fines for the damage they have condoned. There just aren’t enough adjectives….

    • 132 a4alice
      November 22, 2014 at 9:17 pm

      I saw this interview of the lady who was either reporting it or was her lawyer, I can’t remember. I was stunned at how her college “friends” told her to get over it and grow up. unbelievable.

    • November 22, 2014 at 9:40 pm

      I hope the day comes that she decides to sue UVA and file criminal charges against her assailants.

      I’m surprised the frats on Rugby Road haven’t started rushing #DAESH – they’re made for each other.

  23. 134 desertflower
    November 22, 2014 at 8:44 pm



    Blacks are far more likely to be arrested than people of other races, and in some places, dramatically so. Using FBI arrest records, USA TODAY found nearly 1,600 places where the disparity in arrest rates is more pronounced than in Ferguson, Mo.


  24. November 22, 2014 at 8:45 pm

  25. 136 susanne
    November 22, 2014 at 9:12 pm


    ‘ Varvel’s latest cartoon, published on Friday, shows a mopey white dad holding a turkey and telling his scared-looking family, “Thanks to the President’s immigration order, we’ll be having extra guests this Thanksgiving” in reference to the decidedly darker-skinned people who can be seen climbing through the window. ‘


  26. 138 Nena20409
    November 22, 2014 at 9:14 pm

  27. 140 Nena20409
    November 22, 2014 at 9:18 pm

    Good Evening TOD.
    Congrats Tally on your Gold ⭐

  28. 141 HZ
    November 22, 2014 at 11:54 pm

    Good Evening my TOD family. Thank you Nerdy W. for posting this great news about the work of our great men and women in the DOJ and under the great leadership of the best AG in my lifetime. He and Bobby Kennedy will be remembered for their great work.
    AG Holder is very special to me and I will always remember him and his wife, Dr. Sharon Malone Holder for their family’s dedication and turning the tides in history of this nation. Very, very special to me in a personal way. I will ever be so grateful for our AG, Eric Holder.

    LL, lots of loving healing hugs to your Mrs. LL and her sister.

    Thanks Nerdy W. for all of the goodness that you bring to us daily. Lots of loving grateful hugs from me.

    Chips,, you are the Best, and I love you dearly for giving us this beautiful space.HZ

  29. 143 globalcitizenlinda
    November 23, 2014 at 6:05 am


Comments are currently closed.







Enter your email address to receive notifications of new posts by email.



RSS Obama White House.gov

  • An error has occurred; the feed is probably down. Try again later.

RSS WH Tumblr

  • An error has occurred; the feed is probably down. Try again later.

RSS Steve Benen

  • Joe: Why aren't Republicans speaking out against conspiracy theories?
  • DOT to airlines: Improve service or prepare for change
  • 'Dopesick' creator: The goal is to redefine our understanding of opioid addiction
  • Claire McCaskill: I think Trump enjoys the idea of claiming he wants affidavit open
  • Why civil case is more important than criminal case in Trump Org case



Blog Stats

  • 43,270,133 hits

%d bloggers like this: