This is a Propublica writer flogging a book but he does make a valid
point about the Holder DoJ and the total lack of prosecutions after
the 2009 collapse. Holder had previously put his name on a memo that
basically said prosecuting companies for fraud is bad for "jobs" and
he carried that philosophy into DoJ when he was made AG. Eisinger
points out that since the GW administration the average federal
prosecutor only gets into court every 3 years and they are now scared
to actually charge anyone because they know they will be up against
the best trial lawyers money can buy. They prefer to just go after
monetary settlements that just become the cost of doing business for
these fraudulent companies.
The other component he brings out is the revolving door aspect and the
fact that these US attorneys and the former AG himself will be
knocking on the door of these law firms looking for a job when they
tire of government service (as Holder has done)