If you thought it was a bad sign when President Obama named Rahm Immanuel as his chief of staff, the nomination of Loretta Lynch is even worse.
She has been a revolving door lawyer, rotating between the US Attorney's office and defending corporate criminals. As Reader Supported News reports:
Lynch basically got her first six years of white collar criminal defense experience working at the firm that is currently responsible for keeping the bankers behind the great subprime mortgage grift out of jail. CG&R is also defending the financial institutions that jacked up interest rates on everything from student loans to home loans out of greedy self-interest. They even defended the agencies that knowingly rated worthless mortgage-backed securities as AAA, setting up millions to lose their retirement savings in a snap.
After six years of exemplary work at this soulless law firm, Lynch walked through the revolving door to the U.S. Attorney’s office in the Eastern district of New York, which plays a major part in investigating financial crimes. She gradually worked her way up the ladder, going from an assistant U.S. attorney in 1990 to becoming the unit’s Deputy Chief of General Crimes in 1993. She was chief of the office’s Long Island division by 1998, and was tapped as U.S. Attorney by June of 1999, where she remained until 2001. Then, Lynch walked back through the revolving door to return to defending the worst of America’s worst corporate criminals.
[...]
As soon as Lynch joined Hogan in 2002, she interrupted her own vacation, came to the office without pay and immediately got to work defending an Arthur Andersen partner who had helped cook the books for Enron. From 2003 to 2005, Lynch sat on the board of the New York Federal Reserve, working directly under future U.S. Treasury secretary Tim Geithner. The New York Fed has been widely documented for its incestuous relationships with the big Wall Street banks it’s supposed to regulate. The revolving door spun once again in 2010, when President Obama appointed Lynch to her old job as U.S. Attorney of New York’s Eastern District.
More below the orange snarly string thing...
So what if she has a history of civil rights prosecution? We don't need another Wall Street owned AG, we need someone who will prosecute corporate criminals!
Let's hope at least Elizabeth Warren and Bernie Sanders will grill her about her past defending corporate criminals. The Senate Judiciary Committee shouldn't approve her, but instead ask the President to appoint an Attorney General who isn't a corporate handmaiden.