Quantcast
Feeds: Email, RSS & Twitter

 

Get Our Videos By Email

 

Powered by Squarespace

 

8,100 Visitors In The Past 24 Hours

Search The Daily Bail Archive Of 15,000 Videos

SEARCH THE DAILY BAIL

SPONSORED BY  

 

The MOST IMPORTANT Video We've Ever Posted


 

Hank Paulson Is A Criminal - Pass It On

Bernanke's Failures Caught On Tape

"The Federal Reserve Is A Ponzi Scheme"


Get Our Videos By Email

THE FED UNDER FIRE: Must See Clip

Sarah Palin Is A Bailout Socialist

Paulson Is An Arsonist; He's An Outlaw

Bernanke's Replacement: Happy Hour In Santa Cruz

Must See: National Debt Road Trip

"Of Course We're Not Going To  Payback the Chinese."

Dave Chappelle On White Collar Crime

Carlin: Wall Street Owns Washington

SLIDESHOW - The 11 States Most Likely to Go Bust

SLIDESHOW - 7 Really Big Holes - Don't Miss #7

SLIDESHOW - Molotov Cocktails In Greece

SLIDESHOW - The Sights, Sounds & Women of Texas

SLIDESHOW - Genius Signs From Irish IMF Protest

SLIDESHOW - Egyptian Revolution - Graphic PICS

SLIDESHOW - U.K. Student Riots

SLIDESHOW - Airport Security Cartoons - TSA

Most Recent Comments
Cartoons & Photos
SEARCH
« MUST SEE - Phil Donahue On Ron Paul & U.S. Foreign Policy: "We've Become A Warrior Nation" | Main | BREAKING - Obama Administration And Banks Near Deal On Mortgage Fraud Settlement »
Friday
Jan272012

CRIMINALLY CORRUPT - Eric Holder, Top DOJ Lawyers Were Partners With Big Banks (Reuters Investigation)

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

(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 foreclosure cases.

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 requests.

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.

Continue reading...

 

 

 

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments (19)

I consulted a young College Student in Provo City Court years ago about a Chapstick and a Candy Bar She had failed to pay for at a Grocery and the Fact is She admitted She Stole Them. A Chapstick and a Candy Bar. I've seen all forts of shoplifting and petty larceny cases and mega prosecutions of small stuff LIKE a whole House full of kids partying were Prosecuted over a baggie with dust left from an EMPTY BAG of Grass. What is OBVIOUS HERE is a Major Cover Up and one that goes back DECADES. 100s of Billions in Real Estate SECTOR and Banking Crimes and Purposeful Cover Up. It's OBVIOUS we have a Massive Campaign finance Mess being Whitewashed and MILLIONS of Felonies being Covered Up. http://www.google.com/search?rlz=1C1GGGE_enUS370US372&aq=f&sourceid=chrome&ie=UTF-8&q=Colonias+Bank+Looting+Subprime+Wall+Street+Corruption+Witham
Jan 26, 2012 at 1:50 AM | Unregistered CommenterJudson Witham
Just think, if we get rid of all regulation corruption will cease to exist immediately.... Since there will no longer be any law to break.
Jan 26, 2012 at 2:23 AM | Unregistered CommenterS. Gompers
I say we Beat The Shit outta Them ... Pepper Spray Them and like Taze their Stinking Asses 50 times ... Batton Them 100 times and URINATE on them ... Shock and Awe and then some Limitless Rendition a 85 Water Boardings and then hmmmmm Life In Prison NO Lawyer No Trial and THROW AWAY THE KEY, Confiscate all their property and fine them BILLIONS and lets see oh yeah Make Their Families live in the Streets. Eff theses Corrupt Stinking PIGS .... They do this to People Every Day ... for less I might add.
Jan 26, 2012 at 2:34 AM | Unregistered CommenterJudson Witham
I wonder if the money made from selling guns in the Fast & Furious program was laundered in any of these banks?
Jan 26, 2012 at 5:12 PM | Unregistered CommenterDee
@ Judson Witham
We really can't do any of your punishments publicly except sentencing them to prison and confiscating their wealth. Too much screaming and yelling and Pepper Spray, Tazers, and batons plus the people dispensing these punishments would be expensive.

Guillotines however were real crowd pleasers from 1792 to 1981. can be reused hundreds of times without sharpening and only takes one operator. Cheap, entertaining and you can use whats left to feed the hogs.
Jan 26, 2012 at 7:23 PM | Unregistered CommenterSagebrush
Well played sage.
Jan 27, 2012 at 4:59 PM | Registered CommenterDailyBail
Big banks get bailouts with taxpayer money.

I'm a tax payer. Where are my bailout payments from the big banks?
Jan 27, 2012 at 5:52 PM | Unregistered Commenterlili
And we wondered why none of them was put in Jail for the Finicial Crisses they caulsed.Nothing more then inside Mafia Gangs.
Jan 27, 2012 at 6:33 PM | Unregistered Commenterctdeihl
Daily Bail Folks: My proposal is that NETFLIX scam play book should be Debated with all Presidential candidates before election

Last post here

Here is biggest Loot Scam ever in 2 years by Insider Corporate Scam Gang in USA Wall Street Entire History and I have Blown whistles with all watch Dog Agencies in USA

Criminal.Division.DOJ.GOV
FBI.COM
"SEC" Enforcement Division /Inspector General "SEC"/ Whistle Blower Dept at "SEC"
"FINRA" Whistle Blower Department

Posted at White house.Gov and Financial/Banking committee Web Domains
Sent emails to all Banking Committee Members

I get the Harassment and Threats instead of taking action against Netflix Insiders/Goldman Sachs/Morgan Stanley Scam Gang

Here is my web Page:
http://www.scamflixhouseofcards.com/#
Jan 27, 2012 at 7:00 PM | Unregistered CommenterKen
Cheap, entertaining and you can use whats left to feed the hogs.

Hog's Love the taste of "Poll-La-Tich-Ions" & Bankers..........too !
Jan 28, 2012 at 4:23 PM | Unregistered CommenterTexas Dar
http://youtu.be/aNh5laKO22o
Crime pays for the criminally corrupt. (here is how we do it in Canada, but Shhh. Please keep it quiet. Canada's most respected criminals do not want this info to be spread to the grassroots)

"Losing billions to "respected" fraudsters, while they get an "assist" from government, and a free pass from the police......."

By now it is well known that our financial servants have become financial predators, in too many cases. What is not as well known is how your government servants are also in the game. The game is to sell out or remove protections for the public, so that corporations can earn greater profits Sometimes by doing illegal things. (imagine if this were done in oil, fracking, pharmaceuticals, forestry, and finance, etc., etc?)

Here is how this sellout is done to your investments in Canada, to skim about one billion dollars a week for just this one industry. Your investments at risk by people hired and paid to protect you..........30 minutes. Enjoy, and contact the speaker if you have an interest in legal challenges to servants who prey upon the public.
Cheers to your financial health,
Larry
http://youtu.be/aNh5laKO22o
Jan 28, 2012 at 5:46 PM | Unregistered Commentercanadian flyer
"I say we Beat The Shit outta Them ... Pepper Spray Them and like Taze their Stinking Asses 50 times ... Batton Them 100 times and URINATE on them ... Shock and Awe and then some Limitless Rendition a 85 Water Boardings and then hmmmmm Life In Prison NO Lawyer No Trial and THROW AWAY THE KEY, Confiscate all their property and fine them BILLIONS and lets see oh yeah Make Their Families live in the Streets. Eff theses Corrupt Stinking PIGS .... They do this to People Every Day ... for less I might add.
Jan 26, 2012 at 2:34 AM | Judson Witham"


You da man Judson!
Jan 29, 2012 at 5:28 PM | Unregistered CommenterEric Dropt
A little E.Holder story for the DB readers:

Attending a baby b-day party last Sat, and the sister (a well-connected liberal lawyer) of the Dad (my friend) approaches me and says: "hey, got something to show ya." She pulls out her iPhone and shows me a pic of her hugging/guffawing on a tall, mustached A-A man in the Freedom Center of Cincinnati (bankrupt) last week and says: "you know who that is? And I'll give ya a hint, he's not Stedman Graham."

My response: "Eric Holder."
Sister of friend: "Yes! Isn't he wonderful--the first ever A-A Attorney General of the US!!
My response: "Great. Hope you're proud. Tell him to prosecute..."

At that point she left me and refused to speak to me for the rest of the party despite only 10 people being there...
Jan 31, 2012 at 5:05 PM | Unregistered CommenterJosie
At that point she left me and refused to speak to me for the rest of the party despite only 10 people being there...

---

Great story josie. It proves that the great majority of well-educated folks out there still don't care (or don't know) about wall street/banking fraud and even when confronted with the reality, they choose to ignore it and blame the party-attending messenger for daring to sully the reputation of someone they hold dear. Holder is a disgrace. From Fast & Furious gun-running to looking the other way on massive financial fraud, his tenure as AG is shameful. Good on you for pointing out the truth.
Feb 1, 2012 at 11:43 AM | Registered CommenterDailyBail
Jan 31, 2012 at 5:05 PM | Josie

You Rock, Josie................Dont forget to use Clorx Clean-Up, on yr Elbows..............................?
Feb 1, 2012 at 9:15 PM | Unregistered CommenterTexas Dar
Cuffed Or Bribed?

http://market-ticker.org/akcs-www?post=201420

[snip]

A U.S. Justice Department source has told The Daily Caller that at least two DOJ prosecutors accepted cash bribes from allegedly corrupt finance executives who were indicted under court seal within the past 13 months, but never arrested or prosecuted.

The sitting governor of the U.S. Virgin Islands, his attorney general and an unspecified number of Virgin Islands legislators also accepted bribes, the source said, adding that U.S. Attorney General Eric Holder is aware prosecutors and elected officials were bribed and otherwise compromised, but has not held anyone accountable.

The bribed officials, an attorney with knowledge of the investigation told TheDC, remain on the taxpayers’ payroll at the Justice Department without any accountability. The DOJ source said Holder does not want to admit public officials accepted bribes while under his leadership.
Feb 2, 2012 at 10:24 PM | Unregistered Commenterjohn
Will be posting this story soon, thank John.
Feb 3, 2012 at 1:59 PM | Registered CommenterDailyBail

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
All HTML will be escaped. Hyperlinks will be created for URLs automatically.