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Forum Post: Reuters Investigation /// CRIMINALLY CORRUPT - Eric Holder, Top DOJ Lawyers Were Partners With Big Banks /// Department Hasn't Brought Any Criminal Cases Against Big Banks or Other Companies Involved in Mortgage Servicing

Posted 10 years ago on Jan. 29, 2012, 8:08 a.m. EST by MonetizingDiscontent (1257)
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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.

(((From Reuters))): http://www.reuters.com/article/2012/01/20/us-usa-holder-mortgage-idUSTRE80J0PH20120120

(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): http://dailybail.com/home/eric-holder-covington-burling-and-mers.html ...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 this article Here))) http://www.reuters.com/article/2012/01/20/us-usa-holder-mortgage-idUSTRE80J0PH20120120



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[-] 1 points by Middleaged (5140) 10 years ago

This is an Example of the USA's lack of principals and Values.

1) Conservative politicians fund unjust wars that will end up costing $4 Trillion

2) Conservative politicians dont' even pass Annual Budgets for the US Federal Government.

3) The SWINGING DOOR between government jobs and private jobs after they pass favorable rulings is so vast, so wide, that we can't imagine it unless we picture the ocean.

4) The Federal government has solutions to many of these problems in corruption (pre 1980s), but the corruptors knew it would take years to clear the air, get the media to report, and to start talk of changes. The process ensures there will be NO Prosecutions since we all let it go for 10-15 years already.

[-] 1 points by jimmiller5417 (25) 10 years ago

Ask your State Attorney General to bring criminal fraud actions.. The Radcons are bent on destroying America and no demand is going to stop them or even influence them. The only way is to un-elect the Radcons in Congress. See: http://thedragonsteeth.wetpaint.com/page/THE+NEW+PARTY Jim Miller

[-] 1 points by MonetizingDiscontent (1257) 10 years ago

Yes absolutely, I'm surprised there hasn't been more pressure brought from the people onto their Attorney Generals to bring RICO charges where applicable yet.

It's coming though... I'm starting to hear it out there. People are learning where to properly apply the pressure, vocally. I shouldn't think they (A.G.s) can just sit there forever.