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« Eric Holder's Best Friend, Lawyer Reid Weingarten Also Represents MF Global Treasurer Edith O'Brien | Main | BUSTED: Henry Paulson Declares 'I'm A Capitalist' While Responding To Robert Reich On Bailouts »

MUST SEE - Lawyer James Koutoulas Tells Rick Santelli: 'We Plan To Pursue Criminal Charges Against Jon Corzine In All 50 States' (CNBC)

Koutoulas ups the ante in his battle against Eric Holder and Jon Corzine:

Runs 3 minutes.

Lawyer James Koutoulas with Rick Santelli on CNBC yesterday.

As I wrote yesterday and as discussed by Santelli in the clip, Edith O'Brien is the key and Eric Holder won't offer her immunity because the Covington & Burling Department of Justice Criminal Defense has absolutely zero interest in hearing her implicate Obama bundler Jon Corzine for multiple felonies.

Best quotes from Koutoulas:

  • "Crimes were unequivocally committed and I will do whatever I can to continue to do the government’s job for it and help see justice done."
  • "MF Global had a choice.  Do we cheat or go out of business.  And they cheated.  They broke the law.  And these took these customer funds to cover margin calls."
  • "Attorney General Eric Holder's Department of Justice is the biggest enabler of financial crime in U.S. history."

And the kill shot:

  • "I will take this to all 50 states.  And we will win.  We will get a conviction of Jon Corzine.  And the next time a sociopath CEO says 'Do I go out of business or do I cheat,' he's gonna think about President Obama's biggest fundraiser in an orange jumpsuit in state prison."



UPDATE - The beauty of this plan is that he just needs one state.  Koutoulas might find a friendly AG in Iowa after November (anyone but Tom Miller) who will throw the book at Corzine for ripping off farmers.  And if Obama loses, a Romney DOJ might be tempted to go after Corzine, but that's still a longshot.  Iowa State Prison is probably not very nice:


The Iowa State Penitentiary (ISP) is an Iowa Department of Corrections maximum security prison for men located in the Lee County, Iowa community of Fort Madison.  The ISP itself is a 550 person maximum security unit.  The prison offers adult basic, general, and special education services.  The prison offers vocational training in upholstering, commercial cooking, automobile repair, printing, and machining.  The prison also provides labor for two large farms, one crop and one livestock.

Contact James Koutoulas via Twitter...



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Reader Comments (21)

Good I hope he succeeds for those who need background

Report: Cronyism, political donations likely behind Obama, Holder failure to charge any bankers after 2008 financial meltdown

Aug 22, 2012 at 12:04 AM | Unregistered CommenterLiberatedCitizen
This is terrific. I wondered when the farmers and longshoremen mulcted by Corzine would pool their resources to exact some justice, and the answer shows up right here on DB. Make no mistake about who's behind Mr. Koutoulas:

"'When I first told the [bankruptcy] judge I was co-founder of the Commodity Customer Coalition, he held up a folder about six inches thick, full of letters from our members,' Koutoulas says. 'Those numbers give us power.'"


One wonders what sham legal arguments Holder will devise to stop this guy from seeking criminal prosecutions at the state level. Undoubtedly, there is a platoon of Covington & Burling associates each billing taxpayers $400/hour at this very minute to find out.

My money is on preemption. After all, it worked for Obama's bankster hero, George W. Bush, in killing states' efforts to curb the predatory lending craze that led directly to the 2008 meltdown:

"In 2003, during the height of the predatory lending crisis, the OCC invoked a clause from the 1863 National Bank Act to issue formal opinions preempting all state predatory lending laws, thereby rendering them inoperative. The OCC also promulgated new rules that prevented states from enforcing any of their own consumer protection laws against national banks. The federal government’s actions were so egregious and so unprecedented that all 50 state attorneys general, and all 50 state banking superintendents, actively fought the new rules."

http://www.washingtonpost.com/wp-dyn/content/article/2008/02/13/AR2008021302783.html?nav=rss_opinion/columns (by Eliot Spitzer, "Predatory Lenders' Partner in Crime," Feb. 14, 2008)
Aug 22, 2012 at 12:43 AM | Unregistered CommenterCheyenne
The ante has just been upped, it will likely take a lot more campaign contributions to bury now. Getting any states to line up will be a tough sale though, Ohio's investigations were shut down right after the election of the ABA candidate.
Aug 22, 2012 at 1:16 AM | Unregistered CommenterS. Gompers
Anything could happen. All it takes is one state.


Welcome to the Iowa Department of Corrections

MISSION: To advance successful offender reentry to protect the public, staff and offenders from victimization.
Aug 22, 2012 at 1:24 AM | Registered CommenterDailyBail
Aug 22, 2012 at 1:51 AM | Registered CommenterDailyBail
Finally! Someone calling out Holder and the DOJ!!! They simply will not take a fraud case to the courts because DOJ is captured by the financial services industry and those US attorneys who still have integrity have a fear of failure...
Aug 22, 2012 at 11:21 AM | Unregistered CommenterJosie
throw corzine and his crook buddies in jail.
Aug 22, 2012 at 12:07 PM | Unregistered CommenterSell Short
I'd be more than happy to have Mr. Corzine as a temporary citizen in this great state of Iowa. He'd make some pretty good friends in the pen, not the friendliest of folks, or so I've heard.
Aug 22, 2012 at 7:07 PM | Unregistered CommenterSteve-in-Iowa
"We Plan..."??? When I see someone sentenced and actually go to a "real" prison, I will believe it. If things to date are any indication, one really has to ask what the real motivation is behind these statements. Like maybe a high-profile, high-paying do-nothing government position? Maybe in the DOJ? Or special task force? Or maybe the SEC?

Remember Schneiderman?
Aug 22, 2012 at 7:45 PM | Unregistered Commentercrawlars
Try Cucinelli in Virginia. He doesn't appear to be a DOJ stooge.
Aug 22, 2012 at 8:31 PM | Unregistered Commenterbrett
Aug 23, 2012 at 12:52 AM | Unregistered CommenterStrayhorse
These shrimps are blowing pop tarts. CORZINE MADE A WAD, and he will hand it off. 12years 9 suspended. 5% fine. Oh. the humanity!
Aug 23, 2012 at 2:40 AM | Unregistered CommenterHoward T. Lewis III
The Obama/Holder/Geitner administration is so corrupt there is only one explanation I can come up with why there are no indictments against the criminal oligarchs and their crony friends. It's called a blackmail get out of jail card for free and goes like this.

"You can't indictment me because I will confirm to the world and bring proof the allegations of the Baers CEO about all the secret accounts in the names of Congressmen and members of the Judiciary, especially the billion dollars in Chief Judge Roberts name, all at the Vatican Bank, were funded by Geitner using the U.S. Treasury as the funding source, is true.
Aug 23, 2012 at 7:00 AM | Unregistered Commenterbeikjingyank
James already runsa hedge fund and does pretty well from what I can gather. I think a do nothing job is the last thing he wants and he's just pissed Corzine stole from his clients. He has done an amazing job standing up for thousands of victims working pro bono for months.
Aug 23, 2012 at 6:50 PM | Unregistered CommenterCccmember
Great debate question: Why the F&^k isn't John (the slime) Corzine in jail?
Oct 18, 2012 at 8:49 AM | Unregistered Commenterbeijingyank
Agreed. That would be an awesome debate question. I won't hold my breath, however.
Oct 18, 2012 at 12:27 PM | Registered CommenterDailyBail
I took Las Vegas for about $20.00 and I am not going back. That makes me a betting man and a winner. If I could legally bet on Corzine doing more than 91 days of incarceration, I would not. The U.S. is under a concerted attack by, and staffed by, a number of Anglophile groups to bankrupt and disarm the country. NATO of course, will be 'the bringer of peace' in this endeavor.

Our president, like Clinton(who also was an Anglophile Rhodes Scholar), is a freemason. The lead freemason, or 'Grand Patron', is the queen of England, or queen lizard, to her people. Freemasons swear an oath to queen lizard when in the higher ranks. Queen lizard OWNS many of those offshore banks in British Protectorates, and claims she lacks jurisdiction, like she declares for the bank of Scotland, where she has an account with Bush41 at the Coutt's bank branch. The LIBOR fraud emanates from The Bank of Scotland. Corzine's gig is utilizing the Bush41 bank and stock market deregulation to transfer Americans' investments into queen lizard's offshore accounts, which, of course, are outside 'legal jurisdiction' of the U.S. and England. I would further bet the lawyer who says he is 'going to get Corzine' is blowing smoke up your backside. Don't pay him in advance. He sounds like another coked up werewolf of an attorney. Under any circumstances short of neutron bombing the City of London, Corzine will get 91 days summer camp time and a 5% fine, TOPS, no matter who the attorney is. Georgetown is calling the shots.
Oct 18, 2012 at 5:42 PM | Unregistered CommenterHoward T. Lewis III
Mr. Lewis. Little known fact. The Anglican Church's highest authority is not the Archbishop of Canturbury, but rather the Queen of England. Can't answer to the other stuff you post. Don't know enough about the Mason's though my Mom says my Grandfather was in this organization, but never knew as fact as he died a young man.
Oct 18, 2012 at 6:24 PM | Unregistered CommenterSKINFLINT
Most freemasons are given presentations that they are joining a true masonic group. Masons' tradition of requiring an apprenticeship program to test the morality and conscientiousness of the potential mason is to ensure harmony and safety on the job, where the construction business is a dangerous one. Accidents cause serious injury or death. Traditional Masons follow in the tradition of the teachings of Christ to ensure harmony on the job and after work activities. Freemasons loyal to queen lizard do not follow this tradition, instead indulging in skulduggery, etc.. Central top freemasons try to shame Masons true to Christian tradition on a regular basis, out of jealousy. My grandfather also was a Mason and taught me that Jesus was The Man and not to dare using the blood of Christ as an excuse to try to get away with being a bad guy. Tithes don't matter. Odds are your grandfather joined the Masons for good positive fellowship with honorable people and the buffet table like most others, including my minister grandfather. The Masons v. freemasons conflict is a serious one.

Dr. Ron Paul is a freemason, and deserted his campaign and all Americans hoping to reestablish the Constitutional republic. His supporters believed in him as a person interested in repairing the government. Paul merely served to attract all of the support he could to monopolize any potential for a successful third party ticket. I hoped he was not that, but like Charlie Brown with Lucy holding the football in the 'Peanuts' comic strip, we were conned into supporting Dr. Paul, yet again. Now we are flat on our backs staring into space. Now what do we do? So much destruction and murder is being carried out by the American interests supporting Obummer and Mittens. The American people will have hell to pay if they do not snap to attention to what their nation is doing to innocent people around the globe, ON THEIR DIME.

The original Aramaic 'Lord's Prayer' states, " Our Lord(or Father) who are everywhere( or 'here and above'), hallowed be Thy name'. We do not have the option of waiting for His return because the Lord's spirit never left. And in harmony with nonChristian cultures, following orders and waiting for a reason to be civil with them is evil and murderers are burned, in theory.
Oct 18, 2012 at 7:33 PM | Unregistered CommenterHoward T. Lewis III
The spirit of God has never left the earth. This is part of the holy trinity of which we learn of in the church. However we wait for the return of Jesus as talked about in the new testament. Indeed, Jesus came to the Native Americans and explained that to them and to tell them that the time was nigh. You can read about this in Dee Brown's book. The Federal's were very concerned about this and made several attempts to get them to discontinue the Ghost Dance, as they called it.
Oct 18, 2012 at 8:20 PM | Unregistered CommenterSKINFLINT
My take on the New Testament is that it has been assembled for the convenience of Constantine (a pagan until his deathbed conversion) and King James(who was far behind Germany,France, and Spain in specialized industrialization and had to con rural folk into the factories in the cities to catch up) and thus was assembled with considerable artistic license. Much has been added to the Word of God, who in Timothy warns against adding to scripture. You might even say it makes 'The Guy Upstairs' very angry. God gave us minds and The Good Book to know the difference between right and wrong and to act on one's own to always do the right thing. It is up to us how hard we try. The Lord's spirit never left, and it is up to us to turn from The Golden Calf and get down to business. Morality is simple enough for a dog to consider. Check out the 'guilty dog' videos on Youtube. Some are extremely funny.

I was present at a congressional campaign in Seattle about 30 years ago when one of the Bush43 neocons whose name you would know was just released from jail for raping a 14 year old girl. The tax payers ended up paying off the girl, whose mother 'gave' her to this punk for money through a local satanic cult. Morality is important and it is the key to peace as justice reigns. The neocons and creeps on the heap will never get it.

A few of my friends have been traditional Lakota sundancers. A more noble group you will never find. Very clear headed and fair. At least one made it to a recent Gaza flotilla.
Oct 19, 2012 at 2:29 AM | Unregistered CommenterHoward T. Lewis III

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