Eric Holder Connected To Illegal Foreclosures of Active Duty Service Members

Posted by on Jan 20, 2012 at 8:42 am

I wonder how much attention this story from Reuters is going to get?

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.

Reuters reported in December that under Holder and Breuer, the Justice Department hasn’t brought any criminal cases against big banks or other companies involved in mortgage servicing, even though copious evidence has surfaced of apparent criminal violations in foreclosure cases.

The evidence, including records from federal and state courts and local clerks’ offices around the country, shows widespread forgery, perjury, obstruction of justice, and illegal foreclosures on the homes of thousands of active-duty military personnel.

At the heart of the matter is the fact that the Attorney General and gun runner Eric Holder, along with Lanny Breuer, worked for a law firm which defended a virtual Who’s Who of financial institutions which are under investigation for some less then scrupulous methods they employed in pursuing foreclosures against active duty military members.

Since they acted as advocates for these parties it would seem kind of counter-intuitive for them now to pursue any sort of investigation or prosecution of those same agencies. And this exactly what seems to be happening.

In recent weeks the Justice Department has come under renewed pressure from members of Congress, state and local officials and homeowners’ lawyers to open a wide-ranging criminal investigation of mortgage servicers, the biggest of which have been Covington clients. So far Justice officials haven’t responded publicly to any of the requests.

While Holder and Breuer were partners at Covington, the firm’s clients included the four largest U.S. banks – Bank of America, Citigroup, JP Morgan Chase and Wells Fargo & Co – as well as at least one other bank that is among the 10 largest mortgage servicers.

Yup, this administration is all about looking out for the little guy. It is amazing how they can come out day after day excoriating the very firms which have made them so wealthy. Of course, in this case, it does appear the financial institutions are getting their money’s worth since the Justice Department is once again pursuing the Sgt Schultz strategy.

Meanwhile, Queen Michelle will continue her public appearances touting her support of the military family while her husband is doing his best to throw them out on the street, literally, and not just figuratively.

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5 Responses to “Eric Holder Connected To Illegal Foreclosures of Active Duty Service Members”

  1. SiM on 20/20/12 at 10:53 am

    We know the media will not help save America. They hate America as much as Obama does and always have. When Obama came on the scene they sprung to life behind the leader they always yearned for but could never find.

    To save America we have to keep asking questions and keep demanding answers. We have to talk to friends, co-workers and family asking these questions about Obama the media won’t ask.

    Why did Watergate forced Nixon out but Fast and Furious has not touched Obama or Holder?

    Why did Eric Holder participate in a cover-up of the circumstances of the Oklahoma City bombing? What does Obama know about Oklahoma City?

    We have to pound away at these real questions. Write your local liberal rag until they final publish your letters. Attend every public forum and ask at least two of these questions.

    We KNOW who won’t ask these questions. It’s up to us to save our country for our children and grandchildren by being the ones who will ask them.

  2. Blue Hen on 20/20/12 at 11:25 am

    This kinda puts a kink in the Potemkin village attempts by the FLOTUS’ to portray them as not hating the troops. One does PSAs and photo ops while another steals their home? Did anyone lose their home while they were distracted at one of these pony shows? It would make for a great SNL skit, if it weren’t so tragic and if SNL weren’t so deep in the tank for the JEF.

  3. A_Nonny_Mouse on 20/20/12 at 8:43 pm

    For Liberals, words are supposed to be seen as equivalents of (or substitutions for) actions.

    So they talk a lot. A WHOLE lot. About what they’ve done, what they’re going to do, what’s wrong, what’s right, how they’re trying to “level the playing field” and how those “big eeevil corporations” &/or the “millionaires and billionaires” need to have their piles of money wrested from their grasp and given to the “deserving” (dunno who gets to decide whose needs are most important, though).

    At any rate, when they’re done talking, they’re DONE; and they go right back to the status quo of hobnobbing with (and schmoozing campaign contributions from) the very folks they were excoriating just moments before. As far as they’re concerned, they’ve done their jobs: they’ve jawboned the thing to death.

  4. bitterclinger on 21/21/12 at 11:47 am

    Why did Watergate forced Nixon out but Fast and Furious has not touched Obama or Holder?

    Because Tricky Dick and the Repubes in office at the time had enough shame to force him out and the Dhimms, who always have no shortage of shrill outrage made sure the world knew about it (via their lapdog media) and were happy to scream it from the rooftops to ensure it happened.

    With Holder and Obozo, we have a completely lawless, tyrannical administration and with the Repubs so focused on re-election, we have a collection of gutless wonders who truly “do nothing” for their constituents and country.