More Obama Regime Corruption: Corzine’s Ties to Obama DoJ
How’s your memory? Remember Jon Corzine? Former Head of Goldman, former Governor of New Jersey, former US Senator, and former big time campaign bundler for Barack Obama? Yeah, that guy.
Well, Corzine is also the former head of an investment/trading firm called MF Global, which went belly up and filed for bankruptcy last fall. In short order the bankruptcy trustee identified over $1.6 billion in missing funds… money that belonged not to the firm or it’s principals, but to the customers of MF Global. And though Corzine has sworn n testimony before Congress that he has no idea where the missing client money went, or how it disappeared (despite the fact that obviously that responsibility is his!), emails that have since surfaced indicate that Corzine himself directed that his customers’ money was used to prop up his failing firm when “investments” he made in European bonds went south.
Now $1.6 billion is a lot of money. Especially to those folks to whom it rightfully belongs. No doubt they’d like to have it back. So what is the Obama Department of Justice doing to discover what happened to all that money and prosecute whoever made it all disappear? Actually, not much of anything. And as The Washington Times reports, the reason has to do with the incestuous corruption at Eric Holder’s DoJ:
First, the Government Accountability Institute has discovered that prior to going bankrupt, MF Global was a client of Mr. Holder’s former law firm, Covington & Burling. It is unclear how long Covington & Burling represented MF Global. However, records reveal that MF Global owedCovington & Burling $114,275.55 “for services rendered prior to Oct. 31, 2011,” the date MF Global filed for bankruptcy protection. Furthermore, this connection is complicated by the fact that the head of Justice’s criminal division, Assistant Attorney General Lanny Breuer, also hailed from Covington & Burling.
What’s more, Associate Attorney General Tony West, who helped raise an estimated $65 million in his role as the co-chairman of Mr. Obama’s campaign, came to the Department of Justice from Morrison & Foerster. The problem: MF Global’s trustee for the Chapter 11 bankruptcy has retained Morrison & Foerster as its general bankruptcy counsel.
Second, the trustee overseeing MF Global’s bankruptcy is former FBI Director Louis Freeh. During Mr. Holder’s 2009 Senate confirmation hearing, Mr. Freeh appeared as a witness testifying on Mr. Holder’s behalf. While Mr. Freeh stated that the two men shared no “social relationship,” the former FBI director praised the legal work Mr. Holderdid for him when Mr. Freeh, then the general counsel for MBNA Bank in Wilmington, Del., retained Mr. Holder to represent MBNA Bank. “As general counsel, I could have engaged any lawyer in America to represent our bank,” Mr. Freeh said. “I chose Eric.”
The Washington Time article goes on to note the importance of the appearance of propriety, which is particularly true when the organization in question happens to be the nation’s Department of Justice. Alberto Gonzalez must be shaking his head in sorrow.
There have been calls for a Special Prosecutor to be appointed to investigate the demise of MF Global and the missing $1.6 billion, but so far, as in the case of recent spate of White House the National Security leaks, both the Obama White House and the Department of Justice have resisted those calls, presumably hoping to wait until after the November election.
Its possible that Eric Holder, the man who “arranged” the presidential pardon for international trader/swindler, and tax cheat Marc Rich, has been – conveniently – too busy suing states trying to keep themselves free of illegal aliens and illicit voters to pay much attention to his friend Jon Corzine and the missing $1.6 billion. But, meanwhile, that $1.6 billion is still missing, and there is no indication whether it was used to try and unsuccessfully prop up the firm, or whether it found its way into someone’s private bank account. But what is clear is that the Obama Department of Justice and his Attorney General, Eric Holder, are too compromised by the incestuous corruption to have even a shred of credibility in the case.
Tags: corruption, Domestic Issues, eric holder
