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Lawyer: Holder Is Biggest Enabler of Financial Crime
Rick Santelli, CNBC
SANTELLI: Boy, this is a story that never goes away. And, in some respects, I think there's a lot of people that are happy about that, actually. James Koutoulas, lawyer who represents thousands of customers of MF Global. James, last week when word came out that the Department of Justice basically didn't see any crime, I called you up and you said, 'I believe unequivocally that fraud and crime were committed.' Can you expand upon that? KOUTOULAS: Sure, Rick. According to the trustee's report, MF Global was routinely using customer funds to fund intraday operations as...
SANTELLI: Boy, this is a story that never goes away. And, in some respects, I think there's a lot of people that are happy about that, actually. James Koutoulas, lawyer who represents thousands of customers of MF Global. James, last week when word came out that the Department of Justice basically didn't see any crime, I called you up and you said, 'I believe unequivocally that fraud and crime were committed.' Can you expand upon that? KOUTOULAS: Sure, Rick. According to the trustee's report, MF Global was routinely using customer funds to fund intraday operations as...
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