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« SANTELLI: Get Ready For A Massive Bailout Of The FHA! | Main | TAX BATTLE ROYALE: Fox News Vs. Patriotic Millionaire »
Tuesday
Nov272012

CRONYISM REVEALED: Goldman CEO Lloyd Blankfein's Criminal Defense Attorney Is Eric Holder's Best Friend

Say hello to Reid Weingarten.

The worst part of the Eric Holder, Covington & Burling, Goldman Sachs, Lloyd Blankfein, MF Global, Jon Corzine non-functioning Department of Justice is that the one group capable of forcing this issue onto the front pages and into the mainstream spotlight, seems to have no interest in doing so.

Congressional Republicans (and Democrats for that matter) are consistently silent on the failure of Obama to prosecute Wall Street.  The opposition party seems quite content with the status quo.

---

By Wynton Hall from Big Government

Reprinted with permission.

Blankfein's Attorney Is Eric Holder's Best Friend

The crony connections just keep on coming over at Eric Holder’s Department of Justice. Last week, the Justice Department announced that it will not prosecute Goldman Sachs or any of its employees in a financial probe.  Could that be because the attorney for Goldman Sachs CEO Lloyd Blankfein was none other than Attorney General Eric Holder’s “best friend” and former personal attorney, Reid Weingarten?

Or because in 2008, Goldman Sachs employees donated  $1,013,091 to Barack Obama?

Or because Goldman Sachs is the former client of Eric Holder’s and Assistant Attorney General Lanny Breuer’s law firm, Covington & Burling?

The conflicts of interest and cronyism at Holder’s Department of Justice are so many that it took a 27-page report by the Government Accountability Institute to catalog them all.

And lest one forget: Holder's best friend Reid Weingarten--who previously represented child rapist Roman Polanski--is also the lawyer for former MF Global treasurer Edith O’Brien.  On Thursday, the New York Times reported that Holder's Justice Department will not be criminally charging Jon Corzine or any MF Global executives in that case either. 

Weingarten, who calls himself a “hard-core child of the ‘60s,” apparently has a soft spot for Wall Street fat cats.  "I feel like I'm in the French Revolution, defending the nobility against the howling mob," Weingarten told Bloomberg in 2002.

So, to recap, Goldman Sachs, which donated $1,013,091 to Barack Obama in 2008 and whose CEO is represented by Holder's best friend, will not face prosecution.  Nor will Obama bundler Jon Corzine, who raised at least $500,000 for Barack Obama.

Indeed, Eric Holder’s Department of Justice has not charged, prosecuted, or convicted a single top Wall Street executive.

 

 

Related:

Why You Should Never Make Laura Blankfein Wait In Line, Otherwise THIS Happens

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Reader Comments (2)

This actually makes me sick to my stomach.
What's the use? It's all rigged, and there aint jack sh*t we can do about it.
Aug 27, 2012 at 1:56 PM | Unregistered CommenterTimbo
More Cronyism NY Slimes doesn't mention that Aguilar is a Democrat (reminds me of Paul Krugman who laments the Icelanders yet fails to mention that under obama there has been ZERO prosecutions)

A Regulator’s Key Role in Failed Mutual Fund Reform

http://www.nytimes.com/2012/08/27/business/luis-aguilar-sec-member-role-failed-mutual-fund-reform.html?_r=1

Related

Wall Street Gets Its Way in Washington

http://www.bloomberg.com/news/2012-08-23/a-case-study-in-wall-street-getting-its-way-in-washington.html

Money Funds Step Up Fight --- Fidelity and Others Have Dedicated More Lobbyists to Beating Back SEC Rules


http://iwidget.infodesk.com/infodisplay/story/fac073120120313091214.html?APP=5&CU=iwi9538

Your Money Market Fund May Not Survive The Next Wall Street Panic

http://www.forbes.com/sites/billsinger/2012/06/22/your-money-market-fund-may-not-survive-the-next-wall-street-panic/
Aug 28, 2012 at 2:56 AM | Unregistered CommenterLiberatedCitizen

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