SANTELLI: Now, the Department of Justice obviously doesn’t see it that way, and everything you’ve talked about we’ve discussed ad infinitum, and it doesn’t seem to make a difference. Now we see that PFG has come into the blend. Is there really a lot of difference between PFG and MF?
KOUTOULAS: No, not at all, Rick. If you read Russ Wasendorf Sr.’s suicide note, he talks about the fact that he had the choice between going out of business or cheating. And he just decided to cheat for 20 years and steal customer money. Sure, he put it in his own account. MF Global, same decision. Senior management says, ‘Do we go out of business or do we cheat?’ And they cheated. They broke the law. And they took these customer funds to meet margin calls.
SANTELLI: You know, Edith O’Brien supposedly has information. Yeah, you must have information if you want to be protected to give it. You told me they never even really went that route. They didn’t give her any immunity. So they don’t care that she knows something that probably isn’t very good? That’s it?
KOUTOULAS: Right. By not giving her immunity, it’s a way to stalemate the case and say, ‘Well, we don’t really have enough evidence to prosecute it. But Attorney General Eric Holder’s Department of Justice is the biggest enabler of financial crime in U.S. history, and that’s why, way back in January, we went to Congressman Grimm, and we asked him to write a letter demanding that independent counsel be appointed for this case. And 65 congressmen agreed with him.