HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Report: DOJ Criminal Chie...
Introducing Discussionist: A new forum by the creators of DU

Wed Jan 23, 2013, 09:20 PM

Report: DOJ Criminal Chief Lanny Breuer Stepping Down

This discussion thread was locked as off-topic by OKNancy (a host of the Latest Breaking News forum).

Source: FRONTLINE

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/

6 replies, 1130 views

Cannot reply in locked threads

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 6 replies Author Time Post
Reply Report: DOJ Criminal Chief Lanny Breuer Stepping Down (Original 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

1. A jury acquitted the two Bear Stearns hedge fund managers in 2009..

 

More "incompetence" than "fraud".

Cannot reply in locked threads

Back to top Alert abuse Link here Permalink


Response to Unknown Beatle (Original post)

Wed Jan 23, 2013, 09:29 PM

2. just when I thought journalism was dead

along comes Frontline! Go home Lanny!

Cannot reply in locked threads

Back to top Alert abuse Link here Permalink


Response to Unknown Beatle (Original post)

Wed Jan 23, 2013, 09:40 PM

3. Led WHAT effort to charge fraud?

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

Cannot reply in locked threads

Back to top Alert abuse Link here Permalink


Response to Unknown Beatle (Original post)

Wed Jan 23, 2013, 09:43 PM

4. One phone call to Elliot "Sheriff of Wall St." Spitzer back in the day

And DOJ would have known what to do.

Cannot reply in locked threads

Back to top Alert abuse Link here Permalink


Response to Unknown Beatle (Original post)

Wed Jan 23, 2013, 10:30 PM

5. He won't be missed . . .

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?

Cannot reply in locked threads

Back to top Alert abuse Link here Permalink


Response to Unknown Beatle (Original post)

Thu Jan 24, 2013, 04:41 AM

6. Duplicate topic

please post this article in the previous LBN thread: http://www.democraticunderground.com/1014378397

Cannot reply in locked threads

Back to top Alert abuse Link here Permalink