Wed Jan 23, 2013, 09:20 PM
Unknown Beatle (371 posts)
Report: DOJ Criminal Chief Lanny Breuer Stepping DownThis discussion thread was locked as off-topic by OKNancy (a host of the Latest Breaking News forum). Lanny Breuer is leaving his position as head of the Justice Department’s criminal division, The Washington Post reported Wednesday. As assistant attorney general, Breuer led the effort to pursue allegations of fraud and corruption at major banks in the wake of the financial meltdown. The Post said it was unclear when Breuer will leave, and didn’t offer a reason. A DOJ spokeswoman told FRONTLINE that the department wouldn’t comment on the report. Breuer was featured in FRONTLINE’s documentary, The Untouchables, which aired on Tuesday and explored the reasons why no Wall Street executives have been prosecuted for fraud in connection with the financial crisis. Breuer told FRONTLINE that the DOJ had pursued charges when officials found evidence of fraud. “But in those cases where we can’t bring a criminal case — and federal criminal cases are hard to bring — I have to prove that you had the specific intent to defraud. …If we cannot establish that, then we can’t bring a criminal case,” he said. Read more: http://www.pbs.org/wgbh/pages/frontline/business-economy-financial-crisis/untouchables/report-doj-criminal-chief-lanny-breuer-stepping-down/
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6 replies, 865 views
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| Author | Time | Post | |
| Unknown Beatle | Jan 2013 | OP | |
| banned from Kos | Jan 2013 | #1 | |
| squicked | Jan 2013 | #2 | |
| dixiegrrrrl | Jan 2013 | #3 | |
| KeepItReal | Jan 2013 | #4 | |
| another_liberal | Jan 2013 | #5 | |
| OKNancy | Jan 2013 | #6 |
Response to Unknown Beatle (Original post)
Wed Jan 23, 2013, 09:25 PM
banned from Kos (4,017 posts)
1. A jury acquitted the two Bear Stearns hedge fund managers in 2009..
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More "incompetence" than "fraud".
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Response to Unknown Beatle (Original post)
Wed Jan 23, 2013, 09:29 PM
squicked (16 posts)
2. just when I thought journalism was dead
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along comes Frontline! Go home Lanny!
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Response to Unknown Beatle (Original post)
Wed Jan 23, 2013, 09:40 PM
dixiegrrrrl (30,711 posts)
3. Led WHAT effort to charge fraud?
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Last edited Wed Jan 23, 2013, 09:41 PM USA/ET - Edit history (1) Hell, the banks admitted in a Congressional hearing they were selling worthless mortgage securities.
Dozens of state attorneys proved bank foreclosure fraud, which was never pursured at the federal level. Added: as reported yet again, here on DU: http://www.democraticunderground.com/10022248214 |
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Response to Unknown Beatle (Original post)
Wed Jan 23, 2013, 09:43 PM
KeepItReal (5,321 posts)
4. One phone call to Elliot "Sheriff of Wall St." Spitzer back in the day
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And DOJ would have known what to do.
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Response to Unknown Beatle (Original post)
Wed Jan 23, 2013, 10:30 PM
another_liberal (1,112 posts)
5. He won't be missed . . .
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Last edited Wed Jan 23, 2013, 10:32 PM USA/ET - Edit history (1) He won't be missed, at least not by anyone who wanted justice done in regard to Wall Street bankers.
Want to bet he goes to work for one of the mega-banks in a few months? |
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Response to Unknown Beatle (Original post)
Thu Jan 24, 2013, 04:41 AM
OKNancy (29,912 posts)
6. Duplicate topic
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please post this article in the previous LBN thread: http://www.democraticunderground.com/1014378397
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