Matt Taibbi, Rolling Stone contributing editor, discusses his recent article “Goldman Non-Prosecution” — about U.S. Attorney General Eric Holder’s decision not to prosecute Goldman Sachs following a Justice Department investigation — with “Viewpoint” host Eliot Spitzer.
“They haven’t done a single thing. I mean, that’s what’s so incredible about it,” Taibbi says. “It would be one thing if they decided, ‘Let’s put all our chips in one pile and go after one big fish and we’ll make that our signature case,’ but they didn’t do that. They didn’t pick anybody. Their answer was ‘none of the above,’ which is an incredible conclusion for them to draw.”
“I think a prosecutor’s primary job is to be a fighter. I mean, he has to be pugnacious, he has to feel like, ‘I’m going to do whatever it takes to get these guys if they’ve done something wrong.’ And these guys are exactly the opposite of that,” Taibbi continues. “They’re kind like Tom Cruise in the first half of ‘A Few Good Men,’ you know, they’re just making deals and playing softball — they don’t want to go to trial.”
Watch Matt Taibbi discuss why punishing individuals on Wall Street is the only way to deter crime here.