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Assistant Attorney General Breuer Gets DOJ Boot In "Untouchables" Aftermath

Tyler Durden's picture




 

Earlier today, we reported that "Assistant Attorney General Admits On TV That In The US Justice Does Not Apply To The Banks" when we commented on last night's PBS special "The Untouchables." Explicitly, we said that it was "Lenny Breuer who made it very clear that when it comes to the concept of justice the banks are and always have been "more equal" than others. He does so in such shocking clarity and enthusiasm that it is a miracle that this person is still employed by the US Department of Justice." As of minutes ago that is no longer the case as his employment contract has been torn up. The WaPo reports, that Lanny A. Breuer is leaving the Justice Department "after leading the agency’s efforts to clamp down on public corruption and financial fraud at the nation’s largest banks, according to several people familiar with the matter....It is not clear when Breuer intends to leave, nor what he plans to do once he departs, but it is certain that the prosecutor’s days in office are winding down, according to people who were not authorized to speak publicly about the matter."

From WaPo:

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.

...

Critics have also decried Breuer’s routine use of deferred prosecution, which gives the agency the right to go after a company in the future if it fails to comply with the terms of the agreement. They say the use of such tactics amounts to a slap on the wrists of companies that have engaged in egregious behavior. Breuer, however, has argued that the agreements result in greater accountability for corporate wrongdoing.

Or none, as the case may be.

Brauer is not only known for being the bankers' lackey: his fingerprints are also all over Fast and Furious:

During Senate hearings in 2011, Breuer admitted that he failed to alert other Justice Department officials that federal agents had allowed guns to illegally flow into Mexico and onto U.S. streets between 2006 and 2007. The practice, known as “gun walking,” was also a key part of the Obama administration’s Phoenix gun trafficking operation, Fast and Furious.

 

The operation came under fire when many of the weapons later turned up at crime scenes in Mexico and the United States, including two where a U.S. Border Patrol agent was killed.

 

Several officials at the Justice Department resigned in connection with the operation, including Jason Weinstein, a deputy assistant attorney general in the criminal division. Breuer later apologized for his inaction, when the tactics first came to his attention. Sen. Charles E. Grassely (R-Iowa) called for his resignation, but Attorney General Eric H. Holder Jr. stood behind Breuer.As one of the longest-serving heads of the criminal division, Breuer’s tenure has been filled with controversy and high-profile prosecutions. He was admonished for his role in the agency’s botched attempt to infiltrate weapon-smuggling rings in the operation dubbed Fast and Furious. And he has been accused of being soft on Wall Street for failing to throw senior bank executives behind bars for their role in the financial crisis.

Either way, Brauer is gone.

And ironically it is his departure which confirms that everything that could be wrong at the US department of INjustice, is wrong.

Because, with all due respect to this banker muppet, he is merely the tiniest cog in a broken down judicial system, which works (and we obviously use the term loosely) in conjunction with the legislative and executive branches, as well as that implied fourth branch - the Federal Reserve - to further just one thing: the interests of the bankster overclass, who ever since the financial crisis have benefited to the tune of some $5 trillion, or the full amount of incurred debt that future generations of Americans will be responsible for, and yet which benefit primarily the financial oligarch right here and right now.

Fixing the unprecedented level of corruption that has gripped America will not be done with the voluntary retirement of one person who should have done more, but kept his mouth shut (for whatever selfish reasons). The system, sadly, is so rotten to the core, that only a grand reset of every social and political institution will help.

Luckily, we have the Fed for that, which courtesy of its lunatic actions is bringing this once great country every day closer to the abyss.

The good news: there is no turning back now - the entire financial system is now on crash course at a pace of $85 billion per month and accelerating.

The bad news: it will take a while before the final tide subsides for one final time as the status quo will certainly not go without a fight. A very big, and very lethal fight.

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Wed, 01/23/2013 - 20:47 | 3181322 NuckingFuts
NuckingFuts's picture

Well said Aldos

Wed, 01/23/2013 - 21:21 | 3181406 MachineMan
MachineMan's picture

True but then you would be bitching about what a lying sack of shit he was.  So its kind of no win situation for him on ZH.

Wed, 01/23/2013 - 21:29 | 3181430 Dr. Richard Head
Dr. Richard Head's picture

As is the point of ZH, good sir. As is the point.

Wed, 01/23/2013 - 21:39 | 3181458 Joe Davola
Joe Davola's picture

Wait, are you saying expecting the truth isn't a universal human expectation?

Wed, 01/23/2013 - 22:57 | 3181636 eatthebanksters
eatthebanksters's picture

Only from Tim Geithner can one expect the truth...

Wed, 01/23/2013 - 22:33 | 3181586 lostintheflood
lostintheflood's picture

some people do not know when to STFU...

Wed, 01/23/2013 - 23:53 | 3181732 DaveyJones
DaveyJones's picture

I suggest he stay out of sweden and good looking blondes

Wed, 01/23/2013 - 19:33 | 3181006 TruthInSunshine
TruthInSunshine's picture

What an outstanding DoJ Obama assembled. I mean, really...just pure awesome sauce all around, from Eric Placeholder (in the official league of extraordinary gentlemen), to Lanny "I'd Rather Play Macroeconomist & Banking Sector Analyst" Breuer.

<Golf Clap>

 

#MakeSureTheHonorableJonCorzineStaysFree

Wed, 01/23/2013 - 20:10 | 3181219 Miss anthrope
Miss anthrope's picture

+1 FOR THE GOLF CLAP!

Wed, 01/23/2013 - 22:03 | 3181516 pods
pods's picture

Well in Lando's defense, he folded like a cheap suit when Vader and crew showed up too.

Just think of Lanny as Han, and Lando as himself, albeit a bit grayer and without so much of that fine ebony hair.

pods

Wed, 01/23/2013 - 21:36 | 3181450 kliguy38
kliguy38's picture

"loose lips sinks ships" or you fochin dumbass.....what the foch were you thinkin'? You can't just tell the fochin sheep point blank how they're gonna get it......that fochin' Durdin prick printed it! Now take a hike for a few weeks until this cools down and there'll be a nice job open in the JPM Precious Metals futures pit waiting

Wed, 01/23/2013 - 23:35 | 3181708 Cosimo de Medici
Cosimo de Medici's picture

Actually, it was---ironically---PBS' Frontline show.

The show's transcript:

 

http://www.pbs.org/wgbh/pages/frontline/business-economy-financial-crisi...

 

 

Wed, 01/23/2013 - 23:59 | 3181720 Chuck Walla
Chuck Walla's picture

And still no real answers on Fast & Furious or Benghazi...

But here they had a sense of urgency.

 

FORWARD SOVIET!

Thu, 01/24/2013 - 00:43 | 3181811 williambanzai7
williambanzai7's picture

CRONY TOP GUN
.

The Crony Top Gun is named Breuer
The DOJ's fraud case pursuer
The Kleptocrat's guy
Just turned a blind eye
And Justice is now in the sewer

The Limerick King

Thu, 01/24/2013 - 01:19 | 3181874 The Heart
The Heart's picture

Bagged and tagged! 8...9...10!

Wed, 01/23/2013 - 19:21 | 3181034 Groundhog Day
Groundhog Day's picture

Well at least he didn't get whacked

Maybe he'll have a skiing accident if he tries to write a book

Wed, 01/23/2013 - 20:53 | 3181337 3PM
3PM's picture

The "unexpected" heart attack

Wed, 01/23/2013 - 21:39 | 3181455 ZeroAvatar
ZeroAvatar's picture

'Suicide' by 'hanging'?

Thu, 01/24/2013 - 03:22 | 3181975 Dr Benway
Wed, 01/23/2013 - 23:35 | 3181710 El Oregonian
El Oregonian's picture

You mean "Breitbarted"?

Thu, 01/24/2013 - 00:45 | 3181817 lakecity55
lakecity55's picture

The night's not over yet.

Wed, 01/23/2013 - 19:27 | 3181060 gould's fisker
gould&#039;s fisker's picture

Lanny was singing a very different tune a year ago on 60 minutes, I guess he misplaced his script he was reading from then:

http://www.cbsnews.com/video/watch/?id=7390536n

 

Wed, 01/23/2013 - 19:36 | 3181082 hedgeless_horseman
hedgeless_horseman's picture

 

 

Good find. 

Fucker was bought and paid for, but held himself out as some angry crusader. 

Just like watching an old interview of Armstrong.

Psychopaths are great liars.

Wed, 01/23/2013 - 19:37 | 3181095 gould's fisker
gould&#039;s fisker's picture

I remembered seeing the show, and saying to myself this can't be the same fucker, but it was!

Wed, 01/23/2013 - 19:44 | 3181118 hedgeless_horseman
hedgeless_horseman's picture

 

 

Sorry you had to watch that crap...twice!

His boss, Attorney General Eric Holder, would be held accountable if this nation was rightous, which it is not.

 

Wed, 01/23/2013 - 19:44 | 3181131 DosZap
DosZap's picture

His boss, our Attorney General Eric Holder, would be held accountable if this nation was rightous, which it is not.

 

Sadly, no.

He would get the Poontang Pardon.

Wed, 01/23/2013 - 21:36 | 3181449 Dr. Richard Head
Dr. Richard Head's picture

That may mean I have to resign because I told the truth after I forgot my bold-face lie from this interview. - Breuer

Wed, 01/23/2013 - 23:56 | 3181736 DaveyJones
DaveyJones's picture

from a criminal perspective, as the shit starts to hit the fan, folks start to break at different rates and degrees and take different coping routes. No honor amongst thieves. No strength among losers. No principles amongst whores.

Wed, 01/23/2013 - 21:40 | 3181459 ZeroAvatar
ZeroAvatar's picture

"Fucker was bought and paid for, but held himself out as some angry crusader. "

 

Reminds me of Santelli.

Wed, 01/23/2013 - 19:52 | 3181153 Rick64
Rick64's picture

That interview was pre-promotion kind of like pre-election when they lie their asses off. He knows better than to say that about the banks, thats usually saved for those retirement yrs. when they grow a conscience.

Wed, 01/23/2013 - 20:04 | 3181196 Falconsixone
Falconsixone's picture

haha..yeah

 

Gotta take one for the team....here's your chip (it's an island).

 

OK...CASE CLOSED!

Wed, 01/23/2013 - 19:35 | 3181090 Uncle Sugar
Uncle Sugar's picture

Leaving to spend more time with family no doubt.

Wed, 01/23/2013 - 20:10 | 3181220 kaiserhoff
kaiserhoff's picture

Pursuing other interests... and pursued by them.

Wed, 01/23/2013 - 19:49 | 3181149 Silver Bug
Silver Bug's picture

So long and good riddance!

 

http://goldisking.blogspot.ca/

Wed, 01/23/2013 - 22:17 | 3181546 H E D G E H O G
H E D G E H O G's picture

"Either way, Brauer is gone." NOT gone far enough in the sense that we could write an epitaph for his sorry ass. Next, the Potus Puppets puppet, holder.

Thu, 01/24/2013 - 03:00 | 3181950 clara-to-market
clara-to-market's picture

Two sets of justice.

Screw the motherfuckers.

Let's cornhole them all.

http://www.angrysinner.blogspot.kr/2013/01/yesterday-dragon-lady-served-beef-and_23.html

Thu, 01/24/2013 - 07:28 | 3182082 Watauga
Watauga's picture

Praise the Lord and pass the ammunition!

Wed, 01/23/2013 - 19:20 | 3180991 nope-1004
nope-1004's picture

Banks are in control.  Waste of time to bring them to "justice".  Just buy PM's on your LOC or CC, default, and tell them to suck it!  Best way to beat the beast, hands down.

LOL..... Eric Holder, criminal #1, in the background.  Nice pic Ty!

 

 

Wed, 01/23/2013 - 19:24 | 3181041 Groundhog Day
Groundhog Day's picture

nope-1104

You are right on so many levels but like a beaten dog we are just afraid of those consequenses

Wed, 01/23/2013 - 19:37 | 3181103 fourchan
fourchan's picture

banks 16 trillion

justice zero

Wed, 01/23/2013 - 19:48 | 3181146 Al Huxley
Al Huxley's picture

Bingo - stop giving the fuckers transaction fees and deposits to leverage and rehypothecate, and take the real money out of the system, one fucking ounce at a time, that's the only way to win.

Wed, 01/23/2013 - 19:13 | 3180995 Xibalba
Xibalba's picture

"Heart attacked" if you say a word

Wed, 01/23/2013 - 21:42 | 3181470 ZeroAvatar
ZeroAvatar's picture

"Ghosted"

Wed, 01/23/2013 - 19:16 | 3181004 Racer
Racer's picture

I have tried to write some words about how I feel about this but ....

yes, words fail me.....

Wed, 01/23/2013 - 19:16 | 3181005 Bunga Bunga
Bunga Bunga's picture

I guess his failure was admitting it.

Wed, 01/23/2013 - 19:26 | 3181046 dwdollar
dwdollar's picture

Yeah, what an asshole for trying to spoil the parasitic orgy for everyone else.

Another "I told you so" by the "conspiracy theorists" for realizing the obvious.

Wed, 01/23/2013 - 19:41 | 3181120 CH1
CH1's picture

I guess his failure was admitting it.

Exactamundo!

Cue Junker: When it's serious, you have to lie. The dude failed the overlords. He's out.

Wed, 01/23/2013 - 22:41 | 3181596 MachineMan
MachineMan's picture

Or getting caught admitting it.

Wed, 01/23/2013 - 19:17 | 3181008 Cdad
Cdad's picture

Bravo Tyler.  Hammer it home, again and again, every day, no matter how tiring.  One cog at a time.

Well said.  Hat tip, sir.

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