The corruption created by the Banksters, Investment Houses and Wall Street, in general has tentacles in a lot of our Government Agencies. There's no way so many things could have gone on for so long unless that were so.
But that those connections in the Justice Department, the Agency which should be vigorous in their investigations and prosecutions of things like this, should go back to the 1930's is just a little disturbing.
As Weil puts it:
"When it comes to financial debacles and Washington, some players never change. Covington & Burling represented the disgraced Charles Mitchell of National City Bank (now Citigroup) at the Pecora Commission hearings held by the Senate Banking Committee during the 1930s. (The name came from the committee's chief counsel,Ferdinand Pecora, who investigated Wall Street corruption and fraud after the 1929 stock market crash. You can read more about Mitchell and the hearings in this excerpt from Michael Perino's superb book about Pecora, "The Hellhound of Wall Street.")
There were never good old days for American Banking and Investment.