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Those wondering why the Department of Justice has refused to go after Jon Corzine for the vaporization of $1.6 billion in MF Global client funds need look no further than the documents uncovered by the Government Accountability Institute that reveal that the now-defunct MF Global was a client of Attorney General Eric Holder and Assistant Attorney General Lanny Breuer’s former law firm, Covington & Burling.
Records also reveal that MF Global’s trustee for the Chapter 11 bankruptcy retained as its general bankruptcy counsel Morrison & Foerester--the very law firm from which Associate Attorney General Tony West came to DOJ.
Some contend that the fact that Mr. Holder, Mr. Corzine and Associate Attorney General Tony West all previously served as fundraising “bundlers” for President Obama’s presidential campaign is enough to warrant Mr. Holder’s recusal and the appointment of a special prosecutor. Indeed, a letter signed by 65 members of Congress cites Mr. Corzine’s $500,000 in fundraising for Mr. Obama as one of the reasons a special counsel is needed. A subsequent report by Bloomberg revealed that MF Global had written clauses into bond offerings indicating that Mr. Corzine, a former Democratic U.S. senator and governor of New Jersey, might join a future Obama administration as a Cabinet officer, a revelation that surprised even experienced Wall Street executives.
Cronyism is preventing prosecution
Breitbart News has learned that a central figure in the Jon Corzine/MF Global case seeking immunity from federal prosecutors, former MF Global treasurer Edith O'Brien, is represented by lawyer Reid Weingarten.
What is the significance of this revelation?
According to this 2008 New York Times article, Reid Weingarten was previously Eric Holder’s attorney.
Furthermore, the website of Mr. Weingarten’s law firm, Steptoe & Johnson, notes that Mr. Weingarten “is the chairman and co-founder, along with US Attorney General Eric Holder, of a non-profit program, See Forever Foundation, which is designed to assist juvenile offenders in rehabilitation to prevent recidivism.”
What’s more, the Main Justice website notes that Mr. Weingarten is “one of Holder’s best friends.” ............