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« CNN Interviews Cody Wilson Creator Of 3D-Printed Gun | Main | ISSA: Why Did The White House Lie About Benghazi? »
Wednesday
May082013

Wall Street Shill Lanny Breuer Done At DOJ

SCENE FROM THE UNTOUCHABLES

---

UpdateRead the DOJ Press Release On Breuer's Resignation

Reaction from around the web:

Bye Bye Lanny... (Wash Po)

"Lanny A. Breuer is leaving the Justice Department after leading the agency’s efforts to clamp down on public corruption and financial fraud at the nation’s largest banks."

Darrell Issa: Breuer’s Resignation 'Is Long Overdue'... (Wash Po)

House Oversight Committee Chairman Darrell Issa issued a sort of good riddance on Thursday to Lanny Breuer.  “Breuer was at heart of several critical failures in Operation Fast and Furious,” Issa said. “He knew about reckless tactics, failed to take seriously allegations that they were continuing, and only owned up to his failures once they were publicly exposed.”

The Long Goodbye Of Lanny Breuer... (Legal Times Blog)

In the Frontline piece, Kevin Perkins, associate deputy director of the FBI, said he and Breuer have argued "back and forth" over whether certain cases should have moved forward as criminal prosecutions. Perkins said he was at times frustrated and disappointed. But he said he accepted, as a "professional," the final decision.

Frontline Gets Its Man: Lanny Breuer Is Done At DOJ... (Must Read)

Breuer/Holder failed to investigate fully.

FRONTLINE: We spoke to a couple of sources from within the Criminal Division, and they reported that when it came to Wall Street, there were no investigations going on. There were no subpoenas, no document reviews, no wiretaps.

LANNY BREUER: Well, I don't know who you spoke with because we have looked hard at the very types of matters that you're talking about.

Breuer/Holder failed to reach out to key whistle blowers.

FRONTLINE: Another criticism that has been thrown at you is that you've not done enough to go looking for the whistle-blowers that are out there. We have been able to contact a number of people who were inside the banks, doing due diligence work as contractors, who all told us that they were never contacted by the Justice Department.

BREUER: I can't talk in general about nondescript, anonymous whistle-blowers. But here's what I can tell you. Whenever I personally have been in any public setting, I've invited whistle-blowers to come forward.

Breuer/Holder worried more about the fragility of the banks than cleaning up corruption on Wall Street.

FRONTLINE: You gave a speech before the New York Bar Association. You talked about your use of nonprosecution and deferred prosecution agreements. And in that speech, you made a reference to "losing sleep at night over worrying about what a lawsuit might result in at a large financial institution." Is that really the job of a prosecutor, to worry about anything other than simply pursuing justice?

BREUER: I think I and prosecutors around the country, being responsible, should speak to regulators, should speak to experts, because if I bring a case against institution A, and as a result of bringing that case there's some huge economic effect, it affects the economy so that employees who had nothing to do with the wrongdoing of the company... If it creates a ripple effect so that suddenly counterparties and other financial institutions or other companies that had nothing to do with this are affected badly, it's a factor we need to know and understand.

---

Lanny Breuer in his own words:

Bloomberg interviews Breuer.

Watch the whole interview, but pay particular attention at the 2:30 mark.  Breuer is shocked by the question and admits "we don't know anything about that letter" before changing the subject.  His answer is completely ridiculous on so many painful levels (prosecutors are supposed to investigate for chrissakes), but again this is what happens when you have criminal defense attorneys from Covington & Burling running DOJ.

No word on whether Breuer gave his famous pep talk to HSBC execs on avoiding prison.

"We are frequently on the receiving end of presentations from defense counsel, CEOs, and economists who argue that the collateral consequences of an indictment would be devastating for their client.  In my conference room, over the years, I have heard sober predictions that a company or bank might fail if we indict, that innocent employees could lose their jobs, that entire industries may be affected, and even that global markets will feel the effects.  Sometimes – though, let me stress, not always – these presentations are compelling."

Read the full speech...

 

Photo by William Banzai7...

The Crony Top Gun is named Breuer
The DOJ's fraud case pursuer
The Kleptocrat's guy
Just turned a blind eye
And Justice is now in the sewer

The Limerick King

 

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Reader Comments (30)

Yeah, that's right portray him as a woman, because women are responsible for all the too big to fail banks.
Jan 25, 2013 at 2:00 PM | Unregistered CommenterNJ
Ummmm.....He has NOT been "portrayed as a woman'.....that's a dude wearing an early 20th C bathing costume....Check out the 'guns' on that woman, and the legs, nope it's a guy. If it's a woman, she's got a bit of a gut and absolutely no breasts....

Aside from that...Banzai is a clever fellow and wouldn't make such a mistake....and.....he has no axe to grind with women...take a chill pill..
Jan 25, 2013 at 3:27 PM | Unregistered Commenterstrega
Yeah, that in not a 'woman' as depicted; however...who is to say that a woman didn't make the fucking moron do what he did/does? I was married for decades, and can say that some assholes do whatever the bitch wants.
Jan 25, 2013 at 5:23 PM | Unregistered CommenterJM
Far be it for me to comment on your "decades of marriage" or, for that matter your rather passionate response to what began as a comment regarding mistaken gender.

All I attempted to do with my response was to return the 'conversation' to the actual item: the parody offered by William Banzai. Seems a bit, shall we say, over-the-top to inject this sort of fury and blanket accusations at whomever when it's just a photo being discussed. Perhaps you've mistakenly commented on this item and meant to post your remarks on a forum for angry divorced men or....pissed-off husbands.

Based on your offering regarding assholes, morons and bitches, you seem to have more than a passing experience in this field. I'll leave you to it.
Jan 25, 2013 at 6:08 PM | Unregistered Commenterstrega
For the record... I managed to outlive my spouse. When I said the vows, I meant until 'I' die. I only do what is right, not what someone else tries to tell me to do, for any reason. Yes, I know a lot about bitches, morons, etc. I spent close to 30 years in
a large corporate environment, and was successful regardless of circumstances. So, fuck off.
Jan 25, 2013 at 6:17 PM | Unregistered CommenterJM
It's apparent that your thirty years in that 'large corporate environment' didn't require a stint in public relations....were you the maintenance man?
Jan 25, 2013 at 6:25 PM | Unregistered Commenterstrega
BANZAI!!!!!!!!!!!!!!!!!!
Jan 25, 2013 at 9:31 PM | Unregistered CommenterSKINFLINT
Once again major kudos to the Frontline team for taking out Lanny Breuer on a stretcher. Masterfully well executed per my post-broadcast remarks at:

http://dailybail.com/home/pbs-frontline-wall-street-untouchables.html

Now onto the action. We have a disagreement among Team Red Pill members about Obama's appointment of Mary Jo White to head the S.E.C.

Neil Barofsky and Dennis Kelleher say she's a great appointment:
http://abcnews.go.com/blogs/politics/2013/01/obama-sec-pick-pleases-wall-street-critics

Matt Taibbi thinks she's a disaster:
http://www.rollingstone.com/politics/blogs/taibblog/choice-of-mary-jo-white-to-head-sec-puts-fox-in-charge-of-hen-house-20130125#ixzz2J18oIqqc

This is a lay-up for Taibbi, imo. Barofsky and Kelleher appear to be AWOL from long-term Hopium treatment facilities.
Jan 26, 2013 at 1:35 AM | Registered CommenterCheyenne
MJW is a great appointment??? Just raise the white flag and go home. Barack Obama, to steal a phrase from Todd Akin, is a "human vagina."
Jan 26, 2013 at 1:42 AM | Unregistered CommenterDr. Pitchfork
It's not Barofsky's first honker from the Kool-Aid. On his media tour promoting his book "Bailout," he repeatedly took the position that TARP helped prevent a Depression. What a load.
Jan 26, 2013 at 1:50 AM | Registered CommenterCheyenne
If you're into this kind of thing, this is the best television I've seen in a long time (ever?). It's an Al Jazeera show with Larry Wilkerson, Michael Scheuer, some congressman, and a firebrand from Human Rights Watch or something talking about how to indict Dick Cheney (among other topics). Great stuff. The moderator (Josh Rushing) is darn good, too.

http://www.youtube.com/watch?v=trhouTVYs_Q
Jan 26, 2013 at 1:53 AM | Unregistered CommenterDr. Pitchfork
I'm only posting the link because I think it shows that while the world is going to hell in a hand basket, not everyone is diving head first.
Jan 26, 2013 at 1:56 AM | Unregistered CommenterDr. Pitchfork
I ask God every night to Cheney back for that shotgun blast to Harry Whittington's face. So I'll check out the show, definitely.
Jan 26, 2013 at 1:59 AM | Registered CommenterCheyenne
Add Chris Whalen to the Mary Jo White "Great Appointment!" parade...

http://finance.yahoo.com/blogs/daily-ticker/mary-jo-white-great-appointment-chris-whalen-145954076.html

At 3-1 odds against, betting on 0 material change at the S.E.C. has to be overlay of the decade.
Jan 26, 2013 at 2:49 AM | Registered CommenterCheyenne
Jan 26, 2013 at 3:35 AM | Registered CommenterDailyBail
The incident Larry writes about is exactly why her nomination is just more of the same. Besides, IT'S 2013 already!
Jan 26, 2013 at 8:27 AM | Unregistered CommenterDr. Pitchfork
Doyle's article addresses the same piece of dispositive evidence that Taibbi does, namely, that Mary Jo White sold her soul to the Devil a long time ago. Unlike a great many promissory notes, a soul cannot be sold a second time, and unlike a Wall Street investment banker, the Devil does not tolerate rehypothecation and other nonsense. The Mary Jo White Fan Club would do well to familiarize itself with the First Sale Doctrine as well.

This episode speaks volumes about the infectiously toxic scope of corruption, which blankets the entire politico-financial culture of Washington-Wall Street. Mary Jo White is another roach from under that quilt, and no amount of happy talk can change her funamentally corrupt nature.

Unlike the United States of Fraudulent Leaders and Frivolous Commentary, Iceland's attempts to prosecute fraud were serious. When selecting a sheriff to clean up the bankers' mess over there, Iceland altogether bypassed the seat of its own corruption:

"A new government led by Johanna Sigurdardottir embarked on a campaign to hold accountable the so-called neo-Viking bankers at the center of Iceland’s crisis. Instead of picking a prosecutor from law firms in Reykjavik, which had depended on the banks for business, the government drafted an investigator from a remote village."

http://www.bloomberg.com/news/2012-09-26/is-remedy-for-next-crisis-buried-in-iceland-view-correct-.html

The rest is history. Iceland arrested and prosecuted 200 bankers (which equates to 200,000 here)...
http://www.opednews.com/articles/Iceland-s-H-r-ur-Torfaso-by-C-C-121212-712.html

... and VOILA!, its unemployment rate dropped to below 5 percent.
http://icelandpulse.com/icelandreview/8735-unemployment-drops-below-5-percent

I only wish there were some way to take action on how quickly and how massively Mary Jo White will fail as a regulator.
Jan 26, 2013 at 11:56 AM | Unregistered CommenterCheyenne
Like Little Timmy Geithner, Breuer and Frontline provide the illusions of intelligent, loyal Americans taking care of business. Meanwhile the looting of the American economy through Wall Street high velocity trading and other operations continuing unabated while Breuer is 'savaged' by the Rockefeller 'whussy wagon' over at PBS. Hang the fucker and set his corpse on fire as a warm up exercise for dealing with his superiors.
Jan 26, 2013 at 8:57 PM | Unregistered CommenterHoward T. Lewis III
Anonymous hacks US Sentencing Commission, distributes files

http://zdnet.com/anonymous-hacks-us-sentencing-commission-disributes-files-700010369/

http://www.zdnet.com/anonymous-hacks-us-sentencing-commission-disributes-files-700010369/






BEWARE OF THAT COMMAND!

That isn't just a command to nuke the file itself. "/" is the root of the linux filesystem. If you run that "rm -rf /" at the end of that command, you will delete your system.

It's a way to troll people who aren't tech savvy.

So just remove the "&&" and everything after it, and you should be fine.

Looks like they went after the Supremes!

warhead sizes

Alito 150 mb
Breyer 150 mb
Ginsburg 150 mb
Kagan 132.73 mb
Kennedy 108.35 mb
Roberts 22.78 mb
Scalia 150 mb
Sotomayor 100.62 mb
Thomas 150 mb
Jan 26, 2013 at 11:05 PM | Unregistered CommenterBackgammon
Tepid and qualified endorsement of Mary Jo White by Masaccio takes her "Great Appointment!" odds to 7-2:

http://firedoglake.com/2013/01/27/tough-prosecutor-or-servant-of-wall-street

Commenter #1 on the piece keeps it real: "Jamie Dimon thinks she is perfect for the job. Tells you all you need to know."
Jan 27, 2013 at 6:24 PM | Registered CommenterCheyenne
C, here is another one. Bread, meet butter Hah. what a sick joke.
Jan 27, 2013 at 9:41 PM | Unregistered CommenterSKINFLINT
It is much too late now- the statute of limitation will have been long passed before Justice gets off its duff- but the BS antennae should have gone up the moment Obama nominated the very man who voted to pardon Marc Rich as his attorney general. The Axis-of Evil has got nothing on The Axis-of-See-No-Evil
Jan 28, 2013 at 3:13 PM | Unregistered CommenterRobert
I'll get the matches. Tell The Holder to get the proceeds started before I get sidetracked. He's still stuck on last Sunday's Sudoku? We're fucked.
Jan 28, 2013 at 9:18 PM | Unregistered CommenterHoward T. Lewis III
WHY ISN'T LANNY BREUER IN JAIL FOR HAVING NOT DONE HIS JOB AT THE DEPARTMENT OF JUSTICE? WHY IS HE NOW MAKING MORE THAN 4 MILLION $ A YEAR? ANSWER: BECAUSE WHILE AT THE DOJ HE DID NOT INDICT ANY OF THE SAME PEOPLE WHO NOW PAY HIM THOSE 4 MILLION $ A YEAR.

Every single time I watch PBS' FRONTLINE's "The Untouchables" I want to vomit in Lanny Breuer's lying face!
Jun 16, 2013 at 9:13 PM | Unregistered CommenterRobyn
If you consider the announcement by the Britain Israel World Federation in 1922 that mid-September, 2001, would be the kickoff date for the final war against all political systems around the world for the reinstituting of the English Empire in the guise of The New World Order, all of these attacks against the U.S. on Wall Street financially, HAARP, the attacks of 9-11-2001, the legal system, and other areas, are merely fulfillment of the demented dreams of obsolete royalty in Europe run amok waiting for the ax to come down on their own necks to take away the pain of seeing the dissipation of their filthy lucre as the chickens come home to roost. The American Skull and Bones Society and Freemasons are and have been Americans' tormentors for hundreds of years. Though the heavens may fall, let justice be done and send the British royal genetic slag and their drones packing while the garage sale is managed, and scatter Israel with its phony jews to the four winds so they can learn how to behave like real people.

Britain and Israel, with traitors within the U.S. government sucking up to the CFRtv and Associated Press Rothschilds, did the attacks of 9-11-2001, etc. as part of an old, established, long range plan, and they continue attacks against the U.S. using various U.S./Anglo cults and high tech along avenues of blind-side vulnerability. Put me in power and I will make sure the sons of bitches never forget the evil they do here today and yesterday, and experience the reality that Satan does not share his toys. Get straight. There ain't any 'plausible deniability' within miles of this one. Even if queen lizard and her fools do not know what 'ain't' means.

Did ya'll notice the blond green jogger right next to the Boston Marathon bomb detonation flip the older man runner to her right a mouse sized white object just before he caught it and tumbled? She did not flinch, though closer to the blast than the older man catcher. Where's the Jedi in you? The 'green suited blond jogger terrorist' is right out of the 'Illuminati deck of cards'. While you review that, review the videos and stills of the Chechnyan's back pack still leaning up against the mailbox at the bomb site, INTACT, long after most of the people have cleared out. No one still onsite is concerned by its presence. Another innocent man tortured to death because of the loser punk-bully in training attitudes of the majority of CFRtv adherent Americans these days.
Jun 20, 2013 at 4:49 PM | Unregistered CommenterHoward T. Lewis III
Mary Jo White wearing a white hat. It takes the tarnish off my tin foil hat. http://www.newyorker.com/reporting/2013/11/11/131111fa_fact_lemann
Nov 12, 2013 at 8:57 AM | Unregistered CommenterSKINFLINT
Well, well, well, what have we here?

Nearly two years after the DB commentariat defied lofty opinions from the likes of Neil Barofsky, Chris Whalen, Dennis Kelleher, etc. about the appointment of the great Mary Jo White to head the S.E.C., which commentariat roundly denounced her as an autocratic shill, now comes an admirable confession of error about MJW from Yves Smith:

"Now I have to admit I was taken with the story of White as a tough prosecutor, not based on stories like this (yikes) but on her record at the Department of Justice and the endorsement of people who’d worked with her like Neil Barofsky as well as other respected, skeptical lawyers like John Coffee of Columbia. But we’ve seen the reverse from her so far."

http://www.nakedcapitalism.com/2014/12/secs-mary-jo-white-approves-torture.html

So Mary Jo White coddles bankers instead of regulating them, and is okay with torture for everyone else. Yup. Sounds like a card-carrying member of the syndicate, just like we predicted 2 years ago.

When will people learn?
Dec 11, 2014 at 9:01 AM | Unregistered CommenterCheyenne
I don't know why this was so hard to figure. It was so damned obvious from jump street as to defy any sort of logic. Isn't there a pill for this type of sickness.
Dec 11, 2014 at 6:48 PM | Unregistered Commenterskinflint
Mary Jo White's corruption on behalf of her private practice Wall Street clients is so brazen that it's warranted an entire report.

http://www.zerohedge.com/news/2015-06-16/secs-mary-jo-white-embodies-promotes-wall-street-regulator-revolving-door-policy-new

Just wow. Has there ever been an S.E.C. chair before who was such a colossal scumbag that people went out of their way to actually memorialize the filth?
Jun 16, 2015 at 5:09 PM | Unregistered CommenterCheyenne

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