Legal bribery – that is, the revolving door between government and lobbyists – is a corrupting influence in the United States.
Matt Taibbi, author of The Divide: American Injustice in the Age of the Wealth Gap, talks about the return of former Attorney General Eric Holder to his old law firm, one of the biggest white-collar defense teams in America.
Represent.Us tells us how prevalent the revolving door is, and what you can do about it.
Eric Holder Back to Wall Street-Tied Law Firm After Years of Refusing to Jail Bankers
In the latest sign of the revolving door between Wall Street and Washington, recently retired U.S. Attorney General Eric Holder is returning home — to the corporate law firm Covington & Burling, where he worked for eight years before becoming head of the Justice Department. During his time at Covington, Holder’s clients included UBS and the fruit giant Chiquita. The law firm’s client list has included many of the big banks Holder failed to criminally prosecute as attorney general for their role in the financial crisis, including Bank of America, JPMorgan Chase, Wells Fargo and Citigroup.
We speak with Matt Taibbi, award-winning journalist with Rolling Stone magazine. “I think this is probably the single biggest example of the revolving door that we’ve ever had,” Taibbi says.
— Democracy Now!
Droughts, Lobbyists, & You
As the historic drought continues, one sector has a leg up in the scuffle for what’s left of California’s water: Agribusiness. Learn more and take action at Dennis Cardoza: the congressman turned lobbyist overnight.