CRIMINALLY CORRUPT- Eric Holder, Top DOJ Lawyers Were Partners With Big Banks
CRIMINALLY CORRUPT - Eric Holder, Top DOJ Lawyers Were Partners With Big Banks
January 25, 2012
Source: Daily Bail
Any questions? What? You want the Department of Justice to prosecute
financial fraud? Does anyone really expect the Attorney General to turn
on his former clients.
Meanwhile, did you happen to notice how uncomfortable Holder and
Geithner looked last night when the cameras focused on them, as Obama
announced a new financial crimes task force during the SOTU speech?
Suffice it to say that we don't expect much from this initiative.
Here are the details of the Reuters investigation revealed late last week.
(Reuters) - U.S. Attorney
General Eric Holder and Lanny Breuer, head of the Justice Department's
criminal division, were partners for years at a Washington law firm that
represented a Who's Who of big banks and other companies at the center
of alleged foreclosure fraud, a Reuters inquiry shows.
The firm, Covington & Burling (see Holder link),
is one of Washington's biggest white shoe law firms. Law professors and
other federal ethics experts said that federal conflict of interest
rules required Holder and Breuer to recuse themselves from any Justice
Department decisions relating to law firm clients they personally had
done work for.
Both the Justice Department and Covington declined to say if either
official had personally worked on matters for the big mortgage industry
clients. Justice Department spokeswoman Tracy Schmaler said Holder and
Breuer had complied fully with conflict of interest regulations, but she
declined to say if they had recused themselves from any matters related
to the former clients.
Reuters reported in December that under Holder and Breuer,
the Justice Department hasn't brought any criminal cases against big
banks or other companies involved in mortgage servicing, even though
copious evidence has surfaced of apparent criminal violations in
The evidence, including records from federal and state courts
and local clerks' offices around the country, shows widespread forgery,
perjury, obstruction of justice, and illegal foreclosures on the homes
of thousands of active-duty military personnel.
In recent weeks the Justice Department has come under renewed
pressure from members of Congress, state and local officials and
homeowners' lawyers to open a wide-ranging criminal investigation of
mortgage servicers, the biggest of which have been Covington clients. So
far Justice officials haven't responded publicly to any of the
While Holder and Breuer were partners at Covington, the firm's
clients included the four largest U.S. banks - Bank of America,
Citigroup, JP Morgan Chase and Wells Fargo & Co - as well as at
least one other bank that is among the 10 largest mortgage servicers.
News & Politics