Bankruptcy Trustee: "No Criminal Fraud At Lehman"

"I hope I never see another case like this in my lifetime."

Update on the Lehman bankruptcy - Sep. 17.  Tom Keene interviews Harvey Miller, the leading bankruptcy attorney in the U.S., and the man in charge of unwinding Lehman.

Complete nonsense from Miller, but that can't be surprising at this stage of the 'great criminal amnesia of 2008' that pervades Treasury and DOJ.  Despite Miller's whitewash of the Vaukas bankruptcy report, Repo 105 transactions are the very definiton of malicious investor fraud.  Watch: 60 Minutes: The Criminal Case Against Lehman Brothers

---

Miller on Lehman's failure:

Interesting Hank Paulson comments starting at the 1:20 mark.

Here are a few links of interest.

Harvey Miller - The Man Who Is Unwinding Lehman Brothers - NYT

http://www.nytimes.com/2008/12/14/business/14miller.html?pagewanted=all

Lehman Brothers Top Brass: Where Are They Now?

http://www.businessinsider.com/lehman-brothers-where-are-they-now-2012-8?op=1

Comments

[DailyBail]

Bio on Miller

http://www.lawcrossing.com/article/4486/Lehman-Brother-s-Bankruptcy-Dean-Harvey-Miller/#

[DailyBail]

NEW YORK, Sept 14 (Reuters) - Three years after its collapse, Lehman Brothers LEHMQ.PK is still stuck in bankruptcy court -- but three years is not as long as it sounds, says the failed investment bank's lead bankruptcy lawyer.

http://www.reuters.com/article/2011/09/14/lehman-anniversary-idUSS1E78C24G20110914

This is a year old, but has some good detail.

[Josie]

Apparently, Harvey did not watch the 60 minutes piece where Valukas questions DOJ's inaction. Harvey's statement that Valukas' "only" problem was Repo 105 is funny. Think about that. That " only" problem is the fraud. Remember that Harvey represents and is paid by Lehman, or what's left of it.

Also, 3-4 years is nothing for huge bankruptcies. Several Squire Sanders lawyers I know are still billing Enron..."the gift that keeps on giving"...

[Brandy]

Why does it seem that our government appointed trustees are some of the most corrupt individuals in our country?

Consider a recent civil (non-criminal) federal court case in Texas involving two trustees. In this case, the judge and his "trustee" riends threatened the litigant (the "victim") with "death" and seized all of his possessions, without any notice or hearing, prohibited him from hiring a lawyer, and essentially into a bizarre civil lockdown. The litigant has been under this civil lockdown order for nearly two years, and is prohibited from having a lawyer, from owning any possessions, from freely traveling, from working, etc… The judge redistributed the litigants property to the judge's friends.

http://LawInjustice.com/ has details about this disturbing case and some quotes from the judge:

THE COURT: "I'm telling you don't screw with me. You are a fool, a fool, a fool, a fool to screw with a federal judge, and if you don't understand that, I can make you understand it. I have the force of the Navy, Army, Marines and Navy behind me."

THE COURT: "You realize that order is an order of the Court. So any failure to comply with that order is contempt, punishable by lots of dollars, punishable by possible jail, death"

It' hard to believe, but this really is true

[Josie]

Good Lord, Brandy! The hangin' judge from the OK territory?...Hang 'em high! And we will have civility in our territory, and statehood...