Holder is notorious for his bad judgement and complicity in massive financial fraud inclusive of naked short selling. The Holder Memorandum will stand with Herbert Hoover’s complicity in The Great Depression as one of the most examples of what Matt Taibbi calls “Griftopia” – the merger of political and financial crime.
The Holder Memorandum of 16 June 1999 is the equivalent of a “get out of jail free” card for all practitioners of financial fraud, with naked short sellers being the largest group of Wall Street criminals who are not only stealing money at the trillion dollar level, but also destroying innovation and individual entrepreneurs. The Department of Justice — until it overturns the Holder Memorandum and also applies federal RICO to all forms of inter-state financial crime, is complicit in this massive crime against humanity and the Republic. This should be a priority to our President, Donald J. Trump.