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View Diary: Too Big to Jail? (158 comments)

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  •  "I am concerned that I may not get a job paying (12+ / 0-)

    8 million a year after I leave public service" is what Holder actually meant to say.

    "I am concerned," Attorney General Eric Holder told the Senate Judiciary Committee,

    "Who are these men who really run this land? And why do they run it with such a thoughtless hand?" David Crosby

    by allenjo on Wed Apr 03, 2013 at 09:37:53 AM PDT

    [ Parent ]

    •  like THIS wonderful public servant (6+ / 0-)
      Lanny Breuer Cashes in After Not Prosecuting Wall Street Execs, Will Receive Approximate Salary of 4 Million Dollars

      It's official, and former Department of Justice (DOJ) Criminal Division Chef Lanny Breuer is bragging about it.  He'll return for the third to time the white collar (now expanding its clients internationally) legal defense firm of Covington & Burling, but this time at a whopping salary.

      According to the New York Times: "Mr. Breuer is expected to earn about $4 million in his first year at Covington. In addition to representing clients, he will serve as an ambassador of sorts for the firm as it seeks to grow overseas."

      As BuzzFlash at Truthout has speculated before, one can argue (and the same holds true for Eric Holder, also a Covington & Burling alumni appointee), Breuer was building his value in the marketplace at the DOJ, while Wall Street executives who nearly destroyed the American economy went unprosecuted.  And his future value to his old white collar defense firm was dependent, in large part, on him not angering the people who would be the clients of Covington & Burling when he left the Department of Justice. The result, one can contend: no prosecutions of banks "too big to fail" execs as publicly stated as a policy by both Breuer and Holder.

      This isn't just a revolving door; one can argue it's a dereliction of legal responsibility by an employee of the people of the United State
      s.  One can proffer that it's a cash-in career move by a resume climber who was careful not to bite the hands that will write the checks that will feed him on a lavish scale.

      (emphasis mine)

      without the ants the rainforest dies

      by aliasalias on Wed Apr 03, 2013 at 02:34:19 PM PDT

      [ Parent ]

      •  I just wrote a comment that the gangster bankers (3+ / 0-)
        Recommended by:
        aliasalias, Praxical, dadoodaman

        first destroyed our economy and now they have destroyed our faith in our criminal justice system.

        So blatantly, they operate now with a reward for those in that swinging door going into "public service" and a reward for going out of "public service."

        All aided and abetted by the WH, DOJ, congress, those other "public servants" that have stopped representing the 99% of this country that is finally getting fed up.

        What we do next is what we are all going to have to decide, because this cannot continue.

        As someone wrote recently "something is coming, I just don't know yet what it is."

        "Who are these men who really run this land? And why do they run it with such a thoughtless hand?" David Crosby

        by allenjo on Wed Apr 03, 2013 at 03:15:49 PM PDT

        [ Parent ]

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