marriage a white is the person who's been nominated iran this trees and
exchange commission this of course a very important position
there will always see the banks and make sure that the keeping track
she used to be that had of the southern district district attorney's office
in new york which is uh... one of the most important d_a_'s office in the
whole country
and their she was close the account regulator
uh... laugh along with me now she did go after mob bosses et cetera but you
wouldn't go after her own bosses
the people who want a partner for decades after that job
of course those with the bankers
does or the untouchables the real untouchables
late last week the particular eric holder
had already told us that
these banks are simply too big to jail remember this
i am concerned that
the size of some of these institutions becomes so large that it does become
difficult for us to uh... to prosecute them when we are hit with
indications that if you do prosecute if you do bringing criminal charge uh... it
will have a negative impact on the national economy press even the world
economy
and i think that is a function of the fact that
some of these institutions have become
too large
so that we have been attorneys all of the united states a
i'm not missing leaking in the account how guilty they are what criminal
actions they've taken
untainted count will hurt the economy according to other people in the white
house and other experts and cetera and even if they're guilty i might not go
after them because of that that is a out ranges admission
as mary jo y commitments of one of things
here she is yesterday and said here
when r_h_ see the testimony of the attorney general before the judiciary
committee when it was at asked him this field
as the potential chair of the s_e_c_ give me your thoughts on what you would
do in that regard in terms of when you found
wrongdoing assuming if i'm wrong too and wanted to do that the s_e_c_
but of course doesn't have the criminal howard's
uh... in the those clara consequences are not taken into account uh... before
charging decisions are made
but federal prosecutors are instructed by d_l_j_ department of justice policy
and a long line of factors to consider and one of the new year
the collateral consequences of a criminal indictment innocent
shareholders employees for the public
uh... and certainly prosecution consider that before proceeding but that doesn't
mean necessarily dictate and no on and no decision
that's amazing
he just said in the department of justice
we consider not only what they think it has on the national com in the world
economy which is not only chiangmai consideration at all that's not your
department
at the treasury department
you're not supposed to be the protector of these banks
use false actually go after them at the department of justice
if you've done something water three broken the law but she even says we have
to take care of the cheryl is the weather witty taking account
the well-being of the shareholders
can you imagine if you are
charge for the crime annual from intensive look man
i got a family say terribly nothing about them to their
in essence by shareholders
they would be affected in you put somebody's that await somebodies mama
where you think that that there was i going to get
dramatically affected of course
and really take that into consideration
paul lo
tell you that the that
but women how about the shareholders
that who would lose a couple of dollars
or maybe a lot of money in the a c prosecuted
ended our job and one half of the bankers
by the way who are the shoulders you know that
two-thirds of the people who own stock
or in the top five percent
so they always hang out all americans look forward to the senate
two-thirds
of the stock that so much to say
is held by just the top five percent
in wealth of america
they're protecting the rights
enterprising excuse of the protective executives
when you are
with the department of suspect the d_a_'s office
did you take that into consideration well that's was shared brown the senator
from ohio
a number of questions if you would try to do yes or no on the first tourist
reconsider tere
pretty simple question for you our u_s_ attorney
uh... meyer standing issue console did bob rubin larry summers when considering
whether to bring charges against financial firm since that correct
actually consulted the deputy region role clue are had uh... mister summers
call me back
i'm asking a factual question into their own today reject your argument that
institutions could not be prosecuted for the post to the fullest extent of the
law
i'd like to say i guess you know by candace actually i was seeking
information
uh... based on an argument that it made by the good lawyers for the institution
now that i also indicted now as to whether an indictment of an institution
that would result and great damage to either the japanese economy or the world
economy ania so that i've got back is icing
proceed yet to make my own decisions which i took to mean that uh...
that would likely not have an impact
wind shear asking that question remains in question
as somebody who broke the law here
let me call the treasury department asking howl with effect the japanese
economy
midshipmen
his economy
well i got a criminal over here but has it affected japanese
if that is not the appropriate question for a prosecutor to ask
and i should clarify it
she was the u_s_ attorney of course in the southern district of new york again
that's the most won the most important issues is the skin the heart of the
financial capital of the united states
and so she apparently went the treasury department often said
should i presentation on operas here of course she says well i was a sassy
factual questions about how would affect the economy
line acted so i have been indicted a way are you not merciful
and how much did you really pursue it and did you do a plea biju kai do get a
lot less than you could because you're worried about the japanese economy
all whole different set of rules for you and i
and for the bankers
and for the rich and the powerful whether they're here in the u_s_ or in
japan
or anywhere else
everybody in the country should be up an arms about this two different justice
system
and the fact that we be reason we have an attorney general
now somebody's gonna be the head of the s_e_c_
before havoc revolution lenin ports at the same exact day
worry about it and they did yall
we couldn't go after so the bankers because of what it would do they come in
their flat-out admitting it the biggest law enforcement officers in the country
say
we will prosecute you
lot prosecute the bankers
this is an democracy madison sham
this is something we should all industries for
and the band plays on
and
any of the senators or politicians of the president out-reached
president was the one
who nominated all these people and the senate is the one that could burn them
all the while they come for mary jo white
they will do it
lab lee
they all work for the same people
the bankers
the donors the lobbyists the special interests