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View Diary: Lanny Breuer Resigns from Department of Justice, Joins Wall Street Law Firm (231 comments)

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  •  Did you know he want back to his firm? (6+ / 0-)

    Covington and Burling is where he worked since 1989 as a white collar criminal defense attorney there. He is a Partner. I'm willing to be his partner share was put in a blind trust as it appreciated over his four years of the fierce urgency of never.

    What people should be amazed at is his did within 30 days of resigning from the Justice Dept. People should be amazed that Holder was his former law partner there and will undoubtedly being doing the same.

    The TBTF are hugely in his and Holder's debt as well as the other firms partners. 4 Million is a pittance compared to what his year end bonuses will be or however a Senior partner gets paid off for acting as a criminal defense attorney for his clients when he was a prosecutor. The conflict of interest is so huge, he should be disbarred immediately. But no, he now knows all the workings of the DOJ, what the budget is and has a direct line to AG Holder.

    The TBTFs will put retainers (use it or lose it) down as insurance policies.

    I would change your diary to reflect that he went back to the firm he was a white collar defense attorney for the TBTFs before he was appointed head of prosecution of the TBTFs.

    “ Success has a great tendency to conceal and throw a veil over the evil of men. ” — Demosthenes

    by Dburn on Sun Mar 31, 2013 at 06:47:00 AM PDT

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    •  yea (1+ / 0-)
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      it's in the link of the CorporateCrimeReporter (great site by the way, everyone who cares about economic justice should bookmark).

      i'm not sure why I omitted it from my diary though, thanks for bringing it up, as it's a very important fact in this case.

      Deficits don't matter, jobs do.

      by aguadito on Sun Mar 31, 2013 at 07:42:57 AM PDT

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      •  You might consider reposting this diary (0+ / 0-)

        On a day when pooties aren't a dominant part of the rec list. It is a holiday. But I think the fact that he want back to Covington and Burling which, by the way, came up with Mers as a legal entity to create new paperwork on homes so they could avoid all the fees and foreclose with impunity, is hugely important. It makes the revolving door theory look "quaint" by taking something that is distasteful and making it look like the crime of the century in Govt was brought off with nary a ripple. .

        All of the criminality from Mers to foreclosures to Deritives and betting with depositors money,  was while Breuer was working as a Partner. Considering that Both Holder and Breuer are/were partners at C& B , one has to wonder WHY they would have been  been considered as AG and Assistant AG, especially after the "Untouchables" expose.  

        They were right in the middle of it the whole time advising the TBTFs and then when it comes to the attention of the public that large and systemic crimics were committed , they two Partners that specialized in the defense of white Collar criminals , specifically the TBTF white Collar criminals are appointed to prosecute them.

        If anyone thinks this is some sort of warped CT, then they would be the types of people that would come up with totally different conclusions regardless of how much evidence that a DA would have pointing to guilt.

        “ Success has a great tendency to conceal and throw a veil over the evil of men. ” — Demosthenes

        by Dburn on Sun Mar 31, 2013 at 01:00:00 PM PDT

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        •  actually (1+ / 0-)
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          I thought dailykos would at least have one of their own guys write up a front-pager on this story, since it's pretty damn sensational.

          but after days went by, I couldn't sit by without doing at least something to raise this discussion.

          and then i was (not) shocked to see a significant number of people here at dailykos responding to this news by coming to Breuer's defense and C&B's defense.

          i realize dailykos is more of a social issues site, but there's really almost no place for stories like this to get any attention.

          the left-wing sites are busy talking about gays and guns and abortion

          the right-wing sites are doing their regular obama-rage routine

          the econ sites are focused on Cyprus, Europe

          I don't know why people just seemed to stop caring about the most important issue that affects every single aspect of our lives: economic justice.

          Deficits don't matter, jobs do.

          by aguadito on Sun Mar 31, 2013 at 01:15:19 PM PDT

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          •  I share your frustration (0+ / 0-)

            Plus an attack on Holder would be seen as racist here. Yet both of these guys came from the same place and that's where they both will end up.

            Covington and Burling must have bloggers out. This is the first time I've seen them defended except for a single post that C&B did more than criminal defense work. I'd say so.

            BobSwern and GJohnsit may have something up tomorrow.

            “ Success has a great tendency to conceal and throw a veil over the evil of men. ” — Demosthenes

            by Dburn on Sun Mar 31, 2013 at 06:39:20 PM PDT

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