For New York Post, Kyle Smith writes: To understand the latest outrage in the IRS scandal, mull over what might happen if regulators found significant evidence to implicate Goldman Sachs CEO Lloyd Blankfein in an insider trading scheme.
“This is “the dog ate my hard drive, broke into another building, ate the backup of the hard drive, then broke into six other top officials’ offices and ate their hard drives also.”
Let’s say Blankfein asserted his Fifth Amendment right not to answer any questions. Say Goldman was subpoenaed to provide all of Blankfein’s e-mails. Goldman replied that, instead of complying with the subpoena, it was itself reviewing the e-mails in question and was considering which ones to release.
It’s already been 13 months, and no one has even been charged. And no one will be charged. Congress has called the cops — the Justice Department — and the cops simply don’t care.
Now imagine that, nearly a year later, Goldman admitted that it had not, in fact, reviewed the e-mails in question, because they had been lost in a computer crash two months before it claimed to be reviewing them. Imagine Goldman also said copies of the e-mails were lost, because while under subpoena it had destroyed the “backup tapes” (whatever those are) that held them and that it had also thrown away Blankfein’s actual hard drive.
The thing about dogs eating homework is, it could actually happen. This can’t.
This is “the dog ate my hard drive, broke into another building, ate the backup of the hard drive, then broke into six other top officials’ offices and ate their hard drives also.”
What we learned about the IRS this week is that there is an obvious criminal coverup that comes in addition to the possible underlying crimes. Prosecutions need to be brought against all of those involved.
Why isn’t this happening already? Read the rest of this entry »