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Thursday, February 4, 2016

Revolving doors

Eric Holder Makes Ads for Hillary Clinton While Making Deals for Corporate Clients

Former Obama administration attorney general Eric Holder is prominently featured in a Hillary Clinton campaign ad running in South Carolina. “If you want to make sure Republicans don’t take us backward, help Hillary move us forward,” Holder says.

Meanwhile, in his post-public service life as a partner with white-collar defense firm Covington & Burling, Holder is upholding his Justice Department’s tradition of negotiating lower fines for corporate offenses, albeit from the other side of the negotiating table.

The Associated Press reports that Holder, whose Justice Department prosecuted no major executive for the fraud that led to the 2008 financial crisis, is representing South African telecommunications conglomerate MTN in a $3.9 billion dispute with the country of Nigeria.

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