Jon Corzine, one of the Obama administration’s top financial advisers, continues to avoid prosecution relating to allegations that he bilked hundreds of millions of dollars from customer accounts to save his collapsing investment bank.
The lack of action has led critics to speculate that Obama’s Justice Department, led by embattled Attorney General Eric Holder, is protecting a close friend and ally. A Washington Times examination found that the ties go beyond the cabinet appointment Obama considered for the financial guru.
Some contend that the fact that Mr. Holder, Mr. Corzine and Associate Attorney General Tony West all previously served as fundraising “bundlers” for President Obama’s presidential campaign is enough to warrant Mr. Holder’s recusal and the appointment of a special prosecutor. Indeed, a letter signed by 65 members of Congress cites Mr. Corzine’s $500,000 in fundraising for Mr. Obama as one of the reasons a special counsel is needed. …