conflict of interest? holder wont prosicute banking buddies because they are past and future clients, page
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Topic started on 21-1-2012 @ 04:00 PM by XPLodER
i have been trying to figuar out how come the bankers STILL have no pressure from the administration,
i now realise why there is no effort to bring these people to justice,
there is no will from DOJ or THE administration to investigate people who would seek to employ them after their term in office.

i have not cross cheaked these details or source please come to your own conclusions.

second source
old.news.yahoo.com...

if no recusals have taken place a clear conflict of interest is blocking actions on bankers

U.S. Attorney General Eric Holder and Lanny Breuer, head of the Justice Department’s criminal division, were partners for years at a Washington law firm that represented a Who’s Who of big banks and other companies at the center of alleged foreclosure fraud, a Reuters inquiry shows.


source

so it suddenly makes sence,
the law firm that works primarly for the big banks gets one of their favourite lawyers to head the DOJ and they "look th other way" while big bank bankrolled OBAMA says openly in speaches that their IS NO CRIMINAL actions to investigate.

i would not be surprised to see holder leave the DOJ to a massive payrise and promotion and join his banking buddies after "surving" the american people.

Both the Justice Department and Covington declined to say if either official had personally worked on matters for the big mortgage industry clients. Justice Department spokeswoman Tracy Schmaler said Holder and Breuer had complied fully with conflict of interest regulations, but she declined to say if they had recused themselves from any matters related to the former clients.


same source

there is a case to be made that without recusal these DOJ officails have a direct conflict of interest,
and have acting in the private interest while holding public office and no recused themselves as proper.

Holder and Breuer aren’t alone. Reuters lists a couple more former Covingtom & Burling associates at the DoJ that have since returned to their law practice, including Holder’s deputy chief of staff John Garland and Breuer’s deputy chief of staff Steven Fagell. The law firm itself lists almost two dozen former attorneys now working in the DoJ and another dozen in US Attorney offices around the country. That’s quite an impressive footprint of influence for Covington & Burling, and a valuable one for its clientele.


same link,

so what we have here is the reason why banks are not being prosicuted,
the lawers for the large banks are now in charge of the DOJ.
in a direct conflict of interest.

It’s not as if the fraud was particularly esoteric, either. Reuters began its own reporting on massive numbers of forged endorsements, part of the robo-signing scandal that halted foreclosure processing for more than a year. Those forgeries got submitted to courts on many occasions as part of the foreclosure process. Despite this, Holder has done nothing — at least publicly — to press an investigation into these forgeries, and as Reuters reports today, more are on their way:


same source,

inaction is willful disertion or direlection of duty,
failure to forfill the pleadge to the oath of office,
and taking future work agreements as payment for perverting the course of justice.

Recent calls for a wide-ranging criminal investigation of the mortgage servicing industry have come from members of Congress, including Senator Maria Cantwell, D-Wash., state officials, and county clerks. In recent months clerks from around the country have examined mortgage and foreclosure records filed with them and reported finding high percentages of apparently fraudulent documents.


really no crime?
you cant find anyone to prosicute for fraud?

On Wednesday, John O’Brien Jr., register of deeds in Salem, Mass., announced that he had sent 31,897 allegedly fraudulent foreclosure-related documents to Holder. O’Brien said he asked for a criminal investigation of servicers and their law firms that had filed the documents because they “show a pattern of fraud,” forgery and false notarizations.


same link

so if there is a "pattern of fraud" forgery and false notarizations recognised at the state level,
why does the DOJ and OBAMA not recognise it at the federal level?
and how much did it cost to look the other way


make up your own mind and let me know what you think


xploder

edit on 21-1-2012 by XPLodER because: add second source

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