I was first to report in September on what Tom an his fellow underwriters were telling lawyers suing Bear and JP Morgan for fraud. At that time the SEC had interviewed them but the DOJ had not. To see more alarming details that highlight the culture of ‘Bear don’t Care’ read here
http://www.teribuhl.com/2012/09/18/what-bear-stearns-whistleblowers-told-the-sec-new-details-of-rmbs-fraud-cover-up/

Over 30 whistleblowers came forward in private litigation flat out admitting who at Bear told them to destroy files or change their underwriting reports. How is that a not criminal intent?

Teri

is wall street above the law? yes! simple answer to simple question.

The Obama Administration has created a new aristocracy which is exempt from the law. Ordinary citizens may be branded terrorists for exercising our right to protest, or be murdered abroad without even a pretense of due process, but the very notion of prosecuting Wall Street for massive fraud which collapsed the world economy keeps Lanny Breuer awake at night with worry. Holder’s people kept saying they were afraid they couldn’t prove criminal intent beyond a reasonable doubt, because executives kept saying they didn’t know. 1) Don’t be afraid; 2) That’s what Sarbanes-Oxley is for.

Wall Street, for all intents and purposes, writes the law. They also own the President, who makes damned sure none of his Wall Street buddies get prosecuted.

Still, Frontline did do a public service by showing how easy it is to uncover the truth.

Is Wall Street above the law?

Ummn, is that like, a rhetorical question?

Wow. Good on you.

Frontline continues to lag and somewhat obfuscate the true problems on Wall Street which OWS brought screamingly to the surface when they first took their bold and brave stand in Zucotti Park. It is not just Wall Street. It is a President who says disarmingly that they are doing nothing illegal, and hires them as his cronies and is ready to wink and nod whilst saying there’s nothing the justice department can do. That rot didn’t begin with this administration, and surely we all know by now how the trail of dirty laundry stretches back and back through the revolving door. Sure, we can see large as life the big banks as geopolitical giants and the wrack and ruin they create minute by minute, second by second, but I for one am tired of Frontline’s pontifications – they are distractions as bad as the speeches Obama makes, leading nowhere. With the same old ratatattat theme music and weighted pronouncements from on high. God’s in his heaven and all is right with the world – don’t worry, Frontline is not the case. Not.

I don’t think they exposed anything – alarming details isn’t what we need. We can see what is happening with our own eyes. The robot signings continue, the austerity clamp downs and ominous overall criminality continues.

And apparently the vote is in for four more years.

Good for them for trying, but the same old same old ‘revelations’ just seem pointless. Wall Street and this government are the same outfit. Case closed.

Please can we put doj in jail first and then go after wall street.

See pile of shit. Grab broom. Lift up corner of rug. Sweep.

That is all.

Yes I voted for him…twice…but I despise him. For this, for the drone murders and a number of other things it makes me sick to contemplate. I am happy others have the stomach to expose him.

Wall Street and the Banks and this government are the same criminal gang of thugsoutfit

Hope you don’t mind my elaborations.

I agree with you about Frontline. My response: SO? So what now?

What NOW is a big fat: nothing. “Nothing to see here, kiddies, move along now… Oh and by the way, wasn’t Obama’s inaugural speech just the BESTEST THING EVAH!!!!!! FABULOUS. All those gays ‘n hispanics ‘n such. WOW! A WIN for democracy & the LIBERAL AGENDA!!!!!!!!!!!!!!!

Except: NOT.

Assistant Attorney General Lanny Breuer is a firewall designed to insulate Wall $treet from prosecution.

Most thinking people have understood this for some time, regular readers of FDL certainly need no more persuasion that this is true.

What is made clear, once and for all, by the Frontline reporting is that Wall $treet took the lead in dismantling every vestige of accepted under-writing standards and originators followed the instructions of their W$ masters to the letter.

The financial crisis we are struggling to endure has been attributed to, and even given the miss-leading label of ‘housing bubble’ when in reality it was caused by a MBS (Mortgage-Backed Securities) bubble inflated at the behest of Wall Street bankers who directed its creation from the very top of their respective organizations.

The W$ bankers invented the game, they made the rules, they ruined the careers of anyone who got in their way and the corrupt government they have bought and paid for is busy shielding them from the consequences.

‘Our’ government has granted W$ bankers immunity from prosecution, and is busy forcing the American people to pay for the damage those banker’s crimes have inflicted on our economy.

But hey, like I said, you already knew that.

Maybe this is a good place to put up the derivatives graphics. This is the next big con, and when this dumps, none of the little people can survive the crushing debt.

Your work lead the way Teri. We all owe you a great debt Thanks!

As Co-Conspirator Mitt already warned us: PBS’s budget will now be cut (to nothing but War Propaganda).

Criminals or Savvy businessmen , o’s chose the latter.

Capitalism – Functions as designed. Nothing here…move along, move along.

,Though the mills of God grind slowly, yet they grind exceeding small; Though with patience stands He waiting, with exactness grinds He all.

Things may be moving slowly, but they are moving.

I understand your feelings, and I agree in spirit, but there are elements of Frontline’s reporting that clarify for the low-information public, the fact that the whole MBS bubble was not the result of stupid poor people, but the creation of W$ banks, directed by their top executives.

While it may be true that you and I possess a more or less settled understanding of what happened, many of our countrymen do not, and on this point, Frontline’s reporting is a helpful development.

Two of my friends posted on FB and sent me e-mails about it, so I think the info was a quick run down for people who have not been following it as most of us have. I am continually surprised by anything like this on PBS, always waiting for the shoe to drop.

excellent, Teri!

in addition, no one is looking at the “electronic mortgage filing system” (MERS?) created by o’s guys that eliminated county property recording fees and having a physical copy of the mortgage note that is the only “proof” of an enforceable mortgage on the property.

huge loss of county funds right there as well as fraudulent foreclosures due to lack of the note compounded by the proven robo-signing of foreclosure documents.

I’d be pretty suspicious of any property that changed hands past 12 years that can’t be documented at county records.

“Frontline continues to lag and somewhat obfuscate the true problems on Wall Street.”

Not having seen the broadcast, I’ll trust you on that. Still, it’s good that DSW brought the program to our attention (who watches PBS any more?). I take the airing as evidence that popular anger against Wall St. is having some effect, which is encouraging.

(Agreeing with Watt4Bob @ 23, which appeared while I was writing.)

I watch Secrets of The Dead. But then I’m an old guy. :-)

mistake; ignore this

Sorry; I should have said Watt4Bob @18.

Apparently the Bush Administration never stopped running things.

there are elements of Frontline’s reporting that clarify for the low-information public, the fact that the whole MBS bubble was not the result of stupid poor people, but the creation of W$ banks, directed by their top executives

This is a vitally important frame to establish in as many possible channels as possible. I didn’t count the characters in Bob’s quote above, but it looks close to a perfect Tweet, and certainly can fit in a single text message. We could just leave out the “low-information public” phrase to avoid seeming elitist, but everything Bob wrote is true.

Capitalists caused the bubble and the fraud and profited hugely from both. Homeowners are not to blame. The policy prescription is clear: whether or not we ever put some of those mofo crooked bankers in jail, we must force the banks to write down the bubble debts, otherwise the economy will never recover for workers and the middle class.

It was deeply infuriating to have to sit through yet another “ground-breaking” “courageous” report from “independent journalists,” and I could stand watching only the middle 30 minutes of it last night. To stop myself from throwing the remote at the screen I shut it off just as Schneiderman cocked his shiny head and was about to spin his way out of his useless conduct. What did he say?

“But then I’m an old guy.”

Good to know, cmauk, do you also still take the sauna?

Not that it’s relevant to the topic, but as to what’s old one of my kids is the same age as our leader according to the latter’s Wikipedia entry.

x2

we run our comments under a pass-fail system over here at the Lake. Nobody is grading you.

Watt4Bob’s point is very important: no matter how much it pisses us off to have to hear about this for the 19th time, there are still millions of voters out there who still think greedy poor people inflated the real estate bubble all by themselves and that greedy poor people fooled all the mortgage brokers into funding shitty credits and greedy poor people fooled all the giant banks into buying those shitty mortgage loans.

The lesson needs to be taught and re-taught and re-taught until the country automatically laughs every time the Attorney General opens his mouth. Only then might the AG and preznit decide that they need to put a few bankers in jail.

Good to know, cmauk, do you also still take the sauna?

Not in a coons age. Well unless living for 40 years in Fl. – a number of which without AC – qualifies. :-)

Would ytou call that “an inconvenient truth”????

Look again: I was merely correcting a mistake in my earlier comment which happened to cite Watt4Bob, and which in fact agreed with him.

Thank you for joining us in comments. Do you think the “Live Chat” this afternoon will get anywhere if somebody from “Dealbook” is part of it?

PBS is hosting an online chat starting at 2 pm today with the producer of last night’s show and one of the reporters from the New York Times’s “Dealbook” site. I boycott Dealbook because when it originated it was directly funded by Goldman Sachs, by the Times’s own admission, and I assume it still is.

yes, you don’t need to apologize for doing that

bgrothus @ 13

wow! great link! thanks!

bw, long time no see. It’s not a rhetorical question as much as it has the same answer as, “Is Steveie Wonder a bad choice for a NASCAR driver?”

It is a good thing that PBS has, finally, taken note of what others, among them, David Dayen here, and Teri Buhl, elsewhere, have been saying for years.

Several commenters here, at FDL, Cynthia Kouril comes immediately to mind, have long suggested that fraud may be clearly shown by beginning the investigation at the bottom-most rungs, even as we see, in the video, the contracted “due diligence” workers making very clear what went on, and the specific instructions which they had to NOT use the “eff” word …

As karenj2, @20, points out, BOTH Lanny Breuer AND Eric Holder worked for the law firm, Covington and Burling, which originated MERS …

Now, while I am pleased to learn that Frontline has begun to “expose” DoJ’s “failure to prosecute”, I would be remiss were I not to add, that the very next time all the horses run off, we may, possibly count on PBS to rush in to close the barn door … after the last horse is long gone.

PBS MUST fully realize that the Statutes of Limitation are running out the barn door as well, and I hope that they might have made some mention ot that fact. As part of the failure to prosecute, so far as I am concerned involves the DoJ doing absolutely as little as politically expedient or “pragmatically possible” to ensure that “astute” businessmen may continue to buy the “best government, possible”, for their intents and purposes, and have sufficient time for their lobbyists to write the laws governing both Wall Street behavior and the actions certain agencies are permitted to take, even as those who run and populate those agencies cannot wait to take their own “trip” through the revolving door (not the barn door) to lucrative positions as lobbyists or Wall Street executives.

A most convenient convergence of exuberant excess seems to be steaming away, on the runaway barge of “Good Intentions”, piloted by a skipper who, while quick to call one Bradley Manning guilty, before hearing or trial, steadfastly maintains that the most criminal of the fraudsters “did nothing illegal” … even as he omits the wee fact that protections such as Glass Steagall, were done away with by a prior collusion of the political class, which includes the media, and the very same bankers who gutted the global economy, putting millions out of work … even as these same bankers conspired to throw millions out of their homes.

All, of course, being as Lloyd Blankfein, chairman of Goldman Sachs (known recently for “speculating” on and profiting from shortages of food) “God’s work”.

Some kind of “work”.

Which, many might consider, stinks to high Heaven.

Something rotten there is … in this state … of affairs.

Thank you, Dan, for keeping up the work, the honorable and necessary work that David Dayen began … here, at Firedoglake.

DW

Could be. BUt, this bankster “thing” is 100% Obama’s in my opinion. He promised (in campaign speeches) to “hire 56 new DoJ lawyers to prosecute the guilty parties and then declared “they (banksters) did nothing illegal”. He sold US out and I’ll never forgive him for that.

Nicely put DW!
Is it lunchtime yet???

is the existence of a coordinated effort by Wall Street to drive down loan standards

These are loan underwriting standards and procedures. They are written, reviewed and approved by multiple committees and departments in the lenders.

There exists paper trails leading to those who signed off on the underwriting standards. including risk assessments and disagreements on the propriety of promulgating the underwriting standards.

There’s your fraud paper trail leading to the top. It was no junior officer in a lender who approved loan underwriting standards and processes.

But they tell me it was a great inaugural speech, what with all the warm fuzzies about teh gays and no more war. And they tell me too that now it’s the real Obummer unleashed to fulfill his, cleverly hidden, progressive soul.

I did hear part of Hillary’s testimony to Senate Foreign Affairs this a.m., where she reasserted that the U.S. is indeed an ‘exceptional’ nation.

What could possibly be amiss in this best of all possible worlds? Be happy. A little reality is called for . . . But we’ll never see it.

yes. It’s all on preznit’s head. He probably ordered the AG not to rock the boat and the AG ordered the head of the criminal division not to prosecute. It’s not rocket science. All three are guilty of gross dereliction of duty.

We could just leave out the “low-information public” phrase to avoid seeming elitist,

Thanks Fractal, good catch, and of course you’re right.

Feel to share this as you see proper.

Oh but you are forgetting DW..The Golden Rule™ :

Capitalists that commit crimes are NOT bad. There fore one must have a blind eye.

Others who commit crime IE communists, socialist, anarchists, unionists, poor people and working stiffs who commit crimes are VERY, VERY, bad. One must put the full extent of the law on them.

But they tell me it was a great inaugural speech, what with all the warm fuzzies about teh gays and no more war. And they tell me too that now it’s the real Obummer unleashed to fulfill his, cleverly hidden, progressive soul.

Obama, the serial liar, throws out a few buzzwords and the gullible once again beat the drums of hope.

Welcome to the next four years, same as the last four years, only the hopeful should know better by now.

Bob, most voters are “low-information voters,” there is no doubt about it. And elected officials depend on their ignorance every cycle. I depend on being able to come here to the Lake to talk about those depressing realities, so we can figure out how to work around them, so thanks for your ideas.

When the President said “They did nothing illegal…” he was not basing that on an exhaustive report from his DOJ or SEC he was basing that on a conversation he had with his bosses at Goldman Sachs et al. I won’t watch it but does Frontline explain the Presidents statement or even highlight it. Frontline has the same effect on policy and procedure as a Waxman committee hearing where CEO’s are lambasted for two hours and then fly home in their gulfstream jets; the equivalent of an Oprah interview as a PR move for the current shamed media whore who needs to mea culpa.

does Frontline explain the Presidents statement or even highlight it?

I could only stand to watch the middle half hour but I think the answer is “no.” I kept waiting for a single mention of the role played by preznit or his Attorney General, but they edited it to keep a tight focus on Lanny Breuer, who comes off looking like a useless lizard. (He runs DOJ’s criminal division.)

You have to cut the D of J some slack. They were too busy cracking down on medical marijuana.

We look only forward on war crimes, serial murders and bilking the borrowing and investing public.

Prosecution is only for the powerless.

Oh, and for those we make an example of as a pretense, like Martha Stewart. She got prosecuted while 3 investigations by the SEC, prompted by a whistleblower who practically drew them pictures of how Madoff was bilking the public, were finding nothing worth pursuing further in Madoff’s operations.

To paraphrase Richard Nixon: when Wall St does it, it’s not illegal.

Based on the way American Banker reviews the program, the Frontline episode said nothing about preznit or the Attorney General. But they omit Schneiderman’s interview, which I think I need to go back and re-watch. It’s in the last 20 minutes or so.

We can all tune in to the Live Chat at 2 pm hosted by PBS and ask some of our questions there.

I can’t understand why people still bank with the Banksters unless they are .1%ers. Whoever called them “muppets” was being kind.

Obama created aristocracy? Your delusional…….

This is the aristocracy Jefferson wanted crushed….. The roots of the present corporate aristocracy acting like fascist pigs has its origins in the Cincinnati Society. We are experiencing the deleterious consequences resulting from the actions of that society’s heirs with sense of entitlement to money and power. The reason for a second amendment, as a matter of last resort to protect the governed from the tyranny in government sponsored by the undue influence of the monied interests, today’s American Corporate Fascists, hellbent on pathological hoarding of resources, like fucking drug addicts, while protecting their monopolies in commerce and trade as slaveowner enjoyed monopoly on labour?

Wall Street has fucked America just as the republic was fucked by obstructionists called. slaveowners , and Wall Street speculation in the collapse of 1873. Compromise with slaveowners did not work out too well and resulted in Civil War. It was the slaveowners who initiated civil war to protect their monopoly on energy, human beings.

Wall Street speculation drove the cost of oil to 147.50 per barrel after selling the AAA rated securities watered down by energy futures, Wall Street pounced on Americans like prey, ate our own and bet the short knowing the economy would implode as it has after energy rape.

Yup oil whores and slaveowners, a common denominator? Energy! To bad America can’t get any return on investment on the money we squander out that tailpipe, at least billion dollars worth of servitude squandered today? 4.5 trillion in better part of eight years, gone in addition to the 14 trillion dollars extracted from America by wall street scum?

You are historically ignorant……. Compromise is much overrated. Cooperation has merit. However you don’t compromise with fuck heads or slaveowners. Fuck Wall Street and myopic self serving corporate fascists, in suites.

And does anyone here really think that your great points, and others mentioned here, will change the arch of injustice perpetrated by these financial alchemists? At the bottom of this steaming pile of dung is, IMO, that Corporate America has been investing elsewhere, building elsewhere, and generally sucking the assets out of this country for over 3 decades now. And, in their finetuning of this deliberate asset transfusion what took place in the last decade was just a predictable result of their financial schemes. The power of ” return on investment ” has long since overcome any qualms Wall Street had about the American Dream being anything more than their own ATM machine.

Perhaps we shouldn’t call it “white collar” crime so much as “white glove” crime.

If it weren’t for my being able to come here, and visit with you guys and share my frustrations, I’d prolly taka long walk off a short pier.

In our permanent war on terror (such has been inflicted socially and economically on the general US populace) under the terms of the homeland now officially declared part of the battlefield (NDAA), perhaps statutes of limitations follow the same logical extensions of time as would apply to other infractions under rules of engagement for the HSA.

What do they usually do to take down a “mafia”? Use RICO. Obama, Geithner, Rahm etc. never intended to make criminal complaints a part of this.

Even the pitiful mortgage relief wasn’t for the duped home buyers but were meant to foam the runway on behalf of the banks.

But hey, “Supreme Court Justice”.

More medical marijuana dispensary owners will do prison time than any banker. Twin wings of the business party protecting their masters.

Well, said, wynota skunk, your last sentence $um$ up reality with damnably exquisite precision.

Anything not triple welded to the floor, is going to be sucked right out of this nation, Big Money just hasn’t everything out of the Commons, yet … there is still a wee tiny bit of the commonwealth left, which they covet.

DW

That’s really ALL we do nowadays. Drag the guilty 1% up in front of a bunch of self-serving legislaturds who then give them a fake tongue-lashing to look good to their contituents. Then, they take their politial contributions, do NOTHING legislatively speaking, and continue the charade.

while Assistant Attorney General Lanny Breuer, who was interviewed for the program, claimed he and the Justice Department could not make a case against Wall Street.

In other news, Lanny Breuer was unable to find his ass with both hands.

X2

Excellent comment.
Sad state of affairs, but very accurate.

Time for that 11th as proposed by Jefferson and Madison, to be revisited.

Just wiki’d Lanny Breuer. Seems like he has built his career keeping Banksters out of jail.

Latest insult was letting HCSB off with a fine equal to 4 weeks profit for world-class money laundering. Before that BP got a fine for 11 counts of crminal manslaughter. His whole professional arc is a metaphor for the corruption of our public institutions.

http://en.wikipedia.org/wiki/Lanny_A._Breuer

As wynota $umed up the economic reality, you underline the “perpetual war!” political reality, nonquixote, with deft accuracy.

And, all the while, “the “low information voters” (and the partisan shills) dance joyously about, cele-braying, whenever “their” … “team” chalks up a “win” by appearing “jaunty and resolute” … or spews some asinine nonsense … about how “exceptional” is the YouEssAy.

Ah, well …

DW

That one deserves to become immortalized in popular culture, Shoto.

One can only imagine that Lanny Breuer’s hands were much too full already, what with bonuses, political “contributions”, and IOU’$ from satisfied “customer$”. (He did find the Democrats, however, does that count? …)

What a $plendid future awaits Obama and his minions.

Lest anyone think that was the intent … shame on you, our “public servants” deserve almost everything they can “get” … excepting their honest due, of course.

Well, I see that Secretary of State Clinton “throws down” … so, what we’re discussin’ is OLD news … we gotta leave it and see what asses are are being “found” hangin’ out where?

This shore is one exceptional country from that .1% “top” right down to that “takers” bottom. Which bottom is gonna get kicked, good and hard.

Ah, well …

;~DW

Now I understand what Native Americans must of felt like, upon reflection, remembering when the first Puritans said to them, ” we’re here to modernize your economy, institute financial reforms, have you sign on to some free trade agreements and clean up your spiritual and religious practices just a tad. “

I am laughing why does it hurt. No need to answer.

Can you imagine that ‘The Economist’ has nothing to say about Lanny Brewer.
See screen shot:

c

I’ve long said that corruption breeds poverty, and that corruption at the top is the reason why Third World countries are failed states. We are seeing that happen in this country and it is a bipartisan effort.

Yes we do know how the Indians felt. An extraction event leading to extinction. Like the Clovis of the mid atlatic coast who could not adapt to climatic change. To bad unsustainable businesss models predicated on exploitation can’t go extinct? That would take adopting the original 11th amendment designed to regulate corporations and monopolies as those enjoyed by slaveowner or oil or a east India tea corp?

Yes, that’s why we’re hearing that Africa is the next ” Big China Event ” on the world’s economic stage. Most of those poor people, especially the agrarian sectors, won’t know what hit ‘em. Their lands will be grabbed faster’s than a hooker’s ass at midnight on New Years’s Eve in Vegas. Can you use, IMF, World Bank. Investment Banks and NGOs in a positive statement about their continents future prospects? They’ll use the same model that’s put many countries college grads, of the last 5 yrs, in a debt vice. ” When ya’ got ‘em by the balls, their hearts and minds follow. “

Watched the show and was not surprised by any of it. Out of the worlds 100 wealthiest countries, a full 50 are not countries but transnational corporations with many of the same people on the boards of directors. And when 90% of our Nation’s wealth is controled by a mere 10% of the population, it is clear that there is a greater chance of our country becoming a banana republic than being destroyed by nuclear missles.
President Lincoln was correct. If we are to fall,it will be by suicide.

TREASON!

Somewhere in Geneva the shadenfreude is flowing like champagne. You’ve much to learn about the European game, dear Americans.

Aye matey thar she blows. I agree it is a start,or better late then never.Welcome to clicheworld. As you know the the governmentand media easily brainwashes the masses, and our job is to help our citizens understand they are the people who are being ripped off. Since I have been fighting these issues since the 60′s, I will probably gone when it happens. I believe it will happen,and Occupy is the main reason it will Juliana. That said Obama you are a great campaigner, but a hypocrite at best especially in regards to the banks and dept of injustice.

When the Bush-Cheney Administration said the U.S. economy was not in a recession but doing just fine, while Wall Street greed made a meal of America, the media concentrated on the latest popstar’s nonsense. If they said anything at all it was in passing only so they could say that they did report something. Then “suddenly” we watched not just America,but the whole world reel at a crisis that was years in the making.Only then did it become a “story”. But it was not a crisis for everyone. Vast illbegotten fortunes lay intact along with the power that comes with them.
Justice Louis Brandeis said it best,”We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can’t have both.” We are not in danger of becoming a plutocracy, a good portion of that camel’s torso is already in the tent.

Frontline’s pontifications [...] are distractions as bad as the speeches Obama makes, leading nowhere.

Yes, dear Juliania, Frontline serves their standard fare, The Limited Hangout. Such humble cuisine is an American spécialité.

Horreur! Indignation!

Délicieux.

I had to go out for awhile, away from the internet (guess I should really get with the 2010s and acquire a hand-held), but I’m pleased to come back and find this thread still going.

It seems that you, Watt4Bob, maybe some others above, and I agree that there is evidence of some motion, of which the Frontline report under discussion is at least a symptom.

Interesting times are ahead.

As if to underline the point, suddenly no less than the Sierra Club is going all Thoreau on us.

thanks so much

very few of my jurno peers caught the wall st fraud b4 08. I was reporting at the New York Post then and we busted some bank stories then but really it was my friend Mark Pitman at Bloomberg who did reporting on a rmbs mtg bond bubble starting in late 06. Besides that the rest of my fellow finance jurno peers have failed you.

I thought Peter Eavis had no idea what he was talking about on the live chat. I don’t know why Frontline did that except they are both liberal biased. Martin is a freelance producer for Frontline and did a ton of research on my series of reporting over the last two years about the fraud committed by senior Bear executives. Hopefully Martin will do another chat with a journalist who was actually on the ground doing the reporting

> >
pointing like the north star towards the modern American plutocratic-neo-fascist state the we all must adjust ourselves to –

lanny apparently and tellingly (according to theWiki) has been determined by ‘ethisphere’ to be:

“the 12th most influential person in business ethics in 2009,[35] the 8th in 2010,[36] and the 6th in 2011.

and, “the National Law Journal named Breuer a legal visionary in 2010″

so this lil lap-puppy of a captured enforcer who let the criminals who dropped us into the New Depression walk off to thier golf course condos with their multimillion dollar bonuses instead of ’3 hots & a cot’ at clubFed is an ethical visionary in the legal field & the world of government enforcement … ?

>> O-boy, we gots ourselves a lesser evil!!!!

I think we might as well admit that we have finally reached the point where we’re choosing between two evils, there’s no longer a ‘less-evil’ choice.

By a strange coincidence (?), Lanny Breuer is leaving the DOJ.

Thanks, Frontline!

Très délicieux.

How predictable? Feel the heat, dirtbags!

>>
i always tell those ‘political philosophers’ who squalk about “the moral good in choosing a lesser evil” that, when i step in a pile of dog poop, i never consider whether that poop was ‘lesser poop or greater poop’ when I’m cleaning that shit off my shoe -

Voltaire detested those Dr. Panglosses.

T’was an excellent expose’. Shows Obama has doen nothing to jail the robbers of wall street.

I hope the door hits him on the ass.

>>

the hagiographer for the pluto-class (the post) writes …
breuer

“is widely credited with aggressively going after white-collar crime in the aftermath of the crisis. He also stepped up the division’s involvement in money laundering cases, launching a series of criminal investigations that have resulted in multimillion-dollar settlements”

read, ‘no criminal indictments of any bankers or mortgage securitizers’

breuer’s other clients ..
roger clemens (after he lied to congress about steroid use) and sandy berger (after he attempted to spirit docs from the National Archive)

also worked with AG “due process” Holder at the law firm that dreamed up MERS

let’s see…defends those who destroy the land recording system across America, defends lying fake athletes who destroyed America’s past time & defends the thief who, after 9-11, tried to steal the report of Clinton’s security advisor Richard Clarke regarding the 2000 millennium attack on the USS Cole (i.e. reports that were critical of the Clinton admin’s non-response to al Qaeda plots)

an ‘ethical and visionary’ mouthpiece for unethical myopic narcissists

How’s that …?

https://twitter.com/QuietAmerican55/status/294175269550432256/photo/1

Somebody a wee bit upsot about Frontline?

Perhaps, there is justice … somewhere?

DW

I just watched the main Frontline episode and want to leave a thank-you for Ms. Buhl and all the others who have exposed such facts as we have about this shameful matter.

:) (as usual)

The Obama Administration has created a new aristocracy which is exempt from the law.

Think again: Ann Coulter’s “Doctrine Of Infallibility” generated 8 years of consistent and proven results for Bush as evidenced by the held noses and retarded votes of the public. Math, logic, facts, ethics be damned. If such results weren’t guaranteed to see Obama through his 8 years, he and his rewarding and shielding enablers and apologists would be forced to go back to the drawing board and confabulate something else to bark up our skirts in order to keep us off the streets and on the Intarweb …

Then again, he doesn’t have to …

Hockacrat punk-ass got drones …

If that isn’t enough of a deterrent, he’s still got Adidas …

Is Wall Street above the law?

“Add it up, it all spells ‘Duh’!”