Rolling Stone's Matt Taibbi talked with Eliot Spitzer last night about Eric Holder's decision not to prosecute Goldman Sachs for the offenses laid out in the Levin report.
Taibbi had this to say afterwards:
"But that's exactly who Eric Holder and Lanny Breuer haven't been, exactly who Bob Khuzami at the SEC hasn't been. Instead of being fighters, they've been dealmakers and plea-bargainers. They've dealt out every major financial scandal, from Abacus to the Muni-bid-rigging cases (they prosecuted a few low-level guys at GE but let the big players at the big banks skate) to the Citigroup fraud settlement that was so bad a judge threw it back at the govenment's face. In that latter case, amazingly, the govenment is now fighting not for its constituents, but for its right to give out crappy deals to repeat-offender banks without judicial review."