Cronyism Pays: Eric Holder Triumphantly Returns To Law Firm That Lobbies For Banks

Tyler Durden's picture

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

Trying to determine Barack Obama’s most corrupt, crony appointee presents a virtually impossible task. Every single person he’s appointed to a position of power over the course of his unfathomably shady, violent and unconstitutional presidency, has been little more than a gatekeeper for powerful vested interests. Obama’s job was to talk like a marxist, but act like a robber baron. In this regard, his reign has been an unprecedented success.

All that said, if anyone is a top contender for the worst of the worst of the Obama Administration, it’s Eric Holder. As head of the Department of Justice, he was the one man who could’ve played an enormously positive role in American society, by punishing those responsible for creating the financial crisis that destroyed tens of millions of lives globally. Instead, he chose to actively protect the financial oligarchs and ushered in a tragic new era for these United States. One in which the world suddenly realized that the U.S. is little more than a glorified oligarchy. Essentially an aggressive Banana Republic armed with nuclear weapons and the swagger of a third world dictator.

Holder’s list of failures and evidence shameless cronyism are virtually endless. I’ve covered many of them on this site. Here are just a few:

The U.S. Department of Justice Handles Banker Criminals Like Juvenile Offenders…Literally

Eric Holder Announces Task Force to Focus on “Domestic Terrorists”

Eric Holder and the DOJ Have Spent Millions of Taxpayer Dollars on Unreported Personal Travel

Elizabeth Warren Confronts Eric Holder, Ben Bernanke and Mary Jo White on Bankster Immunity

Even Washington D.C. Insiders Admit Eric Holder is a Bankster Puppet

Eric Holder Claims Emails Using Words ‘Fast and Furious’ Don’t Refer to Operation Fast and Furious

For all his hard work protecting and coddling criminal financial oligarchs, Eric Holder was always going to be paid handsomely once he left office. That time has come. From the Intercept:

After failing to criminally prosecute any of the financial firms responsible for the market collapse in 2008, former Attorney General Eric Holder is returning to Covington & Burling, a corporate law firm known for serving Wall Street clients.


The move completes one of the more troubling trips through the revolving door for a cabinet secretary. Holder worked at Covington from 2001 right up to being sworn in as attorney general in Feburary 2009. And Covington literally kept an office empty for him, awaiting his return.


The Covington & Burling client list has included four of the largest banks, including Bank of America, Citigroup, JPMorgan Chase and Wells Fargo.


Covington was also deeply involved with a company known as MERS, which was later responsible for falsifying mortgage documents on an industrial scale. “Court records show that Covington, in the late 1990s, provided legal opinion letters needed to create MERS on behalf of Fannie Mae, Freddie Mac, Bank of America, JPMorgan Chase and several other large banks,” according to an investigation by Reuters.


The Department of Justice under Holder not only failed to pursue criminal prosecutions of the banks responsible for the mortage meltdown, but in fact de-prioritized investigations of mortgage fraud, making it the “lowest-ranked criminal threat,” according to an inspector general report.


When the firm moved to a new building last year, it kept an 11th-story corner office reserved for Holder.

For all intents and purposes, he never really left Covington. He just took a sabbatical to protect the banksters for a few years.

Holder is set to become among the highest-earning partners at the firm, with compensation in the seven or eight figures.

Of course, Mr. Holder is not the only shameless crony to join Covington. It seems the firm almost makes a point to hire the most compromised, Washington D.C. parasites they can find. As the New York Times noted:

Covington already employs a number of former Justice Department officials, including Lanny Breuer, the former assistant attorney general for the department’s criminal division under Mr. Holder; Mr. Breuer’s successor, Mythili Raman; and Michael Chertoff, a former assistant attorney general and secretary of Homeland Security.


History shows that Breuer wouldn’t challenge bankers if they threw his own mother out on the street. Meanwhile, Chertoff is famous for trying to make a fortune by scaremongering the American taxpayer into buying his worthless Rapiscan naked body scanners.

Moving along, let’s try to look on the bright side. With Holder gone, his replacement couldn’t possibly be worse, right? Wrong.

Recall: Meet Loretta Lynch – Obama’s Attorney General Nominee Who Might be Even Worse than Eric Holder

Now I’d like to say farewell to Eric Holder the only way I know how…

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davidalan1's picture

gansgsta..."you dont want to go there..." lmao

Five8Charlie's picture

Eric Holder? A lying, corrupt, worthless sack of shit? Who could have known?

847328_3527's picture

He could at least put on a Hoodie.

Manthong's picture

Holder just blathered that he thinks Snowden actually did something good.

“we are in a different place as a result of the Snowden disclosures” and that “his actions spurred a necessary debate”

Eric Holder: The Justice Department could strike deal with Edward Snowden

Richard Chesler's picture

Just another fucking SCUMBAG released from the transparently corrupt Obozo administration.



onewayticket2's picture

handgun used in SF on that young girl was registered to a "federal agent" and "reported stolen"....or maybe it was just given to the gangs and "reported stolen"



Fast n Furious with handguns this time

Publicus's picture

This level of curruption is deserving of the death penalty.

tonyw's picture

"...After failing to criminally prosecute any of the financial firms..."

he didn't fail to presecute, he intentionally didn't prosecute as that would have meant he would not have that nice revolving door job.

richiebaby's picture

Snowden must have the goods on Holder

RichardParker's picture

Was a little surprised he went to Covington. I guess there were no openings in the mail room at GS.

Mad Max's picture

If Obama had a gangland-style enforcer henchman, he would look like Holder.

XitSam's picture

He had to trim his 'fro from his Columbia terrorist days.

WestVillageIdiot's picture

Don't forget racist.  The amount of racism present, and accounted for, in Obama's administration is amazing.  The only thing this guy loves more than being a water boy for the corruption of Broad Street, Water Street, and Wall Street is race baiting.  The Obama administration was brought into existence through a massive display of racism, and has kept up that racism for nearly 7 years.  Bravo!

SixIsNinE's picture

I down arrowed you because there is a fundamental element in this white/black game that whites are too quick and ambivalent about forgetting: the drug laws.  How whites can in general excuse themselves for letting this fiasco of prohibitions continue is troubling.  The blowback has been tame considering what it could we complain about the ACA and the premiums skyrocketing.... this is another aspect of the Drug War blowback - as we collectively accepted the phony drug war and in the process allowed our real culture to be devastatingly obliterated....

YES, the band ....I've seen All Good People, turn their head, look away....

Colorado made the previously "evil" weed a regular product to be sold and taxed and the state is booming.   It's called common sense.

The longer we allow our neighboring states to continue locking people up, and yes, the numbers are very disproportionate for blacks, for possessions of certain substances.....the blowback will be worse.   Look at headlines everyday at the alcohol accidents - for example the DisneyWorld actor that died after drinking and blowing up a firework on his head.... c'mon folks....

REPEAL the CSA *(controlled substances act) as Professor Szasz determined to be the best course of action to remedy our failed war on consciousness. 

one of my fave Jefferson quotes, paraphrasing ... "if we let Government control our foods and medicines our souls will soon be in the sorriest shape as the most lard assed bankster you've ever seen " ...

BullyBearish's picture

Burn in hell you POS traitor.

trulz4lulz's picture

But my nepotistic oligarcial fascist technocracy! Fuck this. its all madness.......

Bank_sters's picture

Basically the banksters are like dahmer, bundy, gacy, and gein.  They have just walked by the cops with axes, knives, guns, torture equipment after leaving a house filled with dead bodies.  




No shit.  

Son of Loki's picture

Carrie Jean Melvin, 30, was walking with her boyfriend toward Sunset Blvd. in Los Angeles’ famed entertainment industry hub at around 10 p.m. when a man with a shotgun snuck up behind the couple and shot her, according to the Los Angeles Police Department.

Melvin died at the scene, and her killer jumped into a black sedan and fled, KTLA-TV reported. No suspects had been arrested on Monday night, and investigators are seeking information on the shooter, who police described as an African-American male in his 20s wearing a hood over his head, according to KNBC-TV.


Progressing from the knockout punch to a higher level looks like.

Handful of Dust's picture

Probably a gun from Fast and Furious or from a federal agent that reported his gun "stolen."


These are crowds creeping up to a person and point blank cold blooded murder. People, usually politically correct far left "progressive yuppies, who are against the death penalty hold that view ... until someone close to them is murdred by a Thug.

cheech_wizard's picture

From the article: Investigators are trying to figure out why the suspect would have targeted the aspiring actress, writer and entrepreneur alone for the vicious attack.

Okay, every time I read a statement like that, I already know what the punchline is, and sure enough, a bit deeper into the article:

The UC Santa Cruz grad waited tables and bartended on the side.


Flying Wombat's picture

Dave Kranzler:  Enormous Bull Market in Wall Street Corruption  

TND Podcast Spotlight:  Wall Street For Main Street

Duc888's picture



Once a shitbag...always a shitbag.


Keep voting, it encourages the continuation of the assraping.

Winston Churchill's picture

Leave the bags out of it.


q99x2's picture

Secession is an answer.

WestVillageIdiot's picture

You have it all wrong.  We pledge allegiance to "one nation, indivisible".  That fairy tale came with the fairy tale of "Honest Abe".  You remember that guy?  He killed 5% of his country's population through an illegal war, violated the Constitution like a stripper at the Kennedy compound, and encouraged his generals to practice genocide on a massive scale.  Yeah, that guy.  He convinced me that anybody talking secession is the devil. 

Dr. Engali's picture

Yeah, right. Next thing you'll be telling me that George Washington never chopped down a cherry tree and Columbus didn't really discover Murica.

One eyed man's picture

Well maybe he wasn't able to prosecute any bankers. But at least he was able to put thousands of guns into the hands of Mexican drug cartels. God knows what would have happened if honest, law abiding US citizens had gotten hold of those guns!

Dr. Engali's picture

See, that's the problem right there. We're law abiding citizens.

XitSam's picture

But apparantly it is ok to be non-law abiding so game on.

Jethro's picture

White, law-abiding, gun-owning citizens are their problem.  Looking forward to the day that the law-abiding part is temporarily suspended

Dr. Engali's picture

Mike you're a racissssssst. It's unpossible for there to be any corruption in America's first black administration. Just ask our "leaders" in the house and senate who fail to hold anybody accountable. Where's Al Sharpton and his bullhorn when we need him. We're going to come shake you down..... Er., I mean march for just us.

Berspankme's picture

I thought his name was Trayvon

fromthinair's picture
fromthinair (not verified) Jul 7, 2015 7:55 PM

Ok ZeroHedge... fine ... now that you know this story. what is your responsibility? You just have to answer that question, and I promise I will not ask you any more question. Just do your best.

suteibu's picture

Did you actually write something this time?  Give us a sample instead of click baiting.

Charming Anarchist's picture

Nothing.  Nobody has any responsibility to do anything at all with regards to any corrupt statesman. 

<<. what is your responsibility?>>

If every single man, woman and child had absolutely nothing to do with these statesmen -- that means total ostracism, no contact, no press, nothing -- I reckon that would be for the better.

WTFUD's picture

. . . and nobody can deny . . . . for he's a polecat faced bastard , that, nobody can deny.

gimli's picture

What --- no penthouse office? I'd sue 'em if I were him.

suteibu's picture

We are a nation of laws. 

Legalism has replaced morality.

In case you think the ancient Chinese did not influence modern socialists:

"In contrast to Taoism's intuitive anarchy, and Confucianism's benevolence, Legalism is a Classical Chinese philosophy that emphasizes the need for order above all other human concerns. The political doctrine developed during the brutal years of the Fourth Century BCE (Schafer 83). The Legalists believed that government could only become a science if rulers were not deceived by pious, impossible ideals such as "tradition" and "humanity." In the view of the Legalists, attempts to improve the human situation by noble example, education, and ethical precepts were useless. Instead, the people needed a strong government and a carefully devised code of law, along with a policing force that would stringently and impartially enforce these rules and punish harshly even the most minor infractions. The Ch'in founder based his rule on these totalitarian principles, and had strong hopes that his government would endure forever.

The founder of the Legalistic school was Hsün Tzu or Hsün-tzu. The most important principle in his thinking was that humans are inherently evil and inclined toward criminal and selfish behavior. Thus, if humans are allowed to engage in their natural proclivities, the result will be conflict and social disorder. As a solution to this problem, the ancient sage-kings invented morality. Since morality does not exist in nature, the only way of making humans behave morally is through habituation and harsh punishment (Lau 120). Hsün Tzu, much like the Italian political philosopher Machiavelli, draws a clear distinction between what pertains to heaven and what pertains to man. Later Legalist thinking influenced Chinese political theorists like Tung Chung-shu, who believed in a rigid mathematical proportion in social arrangements.

Even though both Confucianism and Legalism called for governmental hierarchy and adherence to tradition, the difference between the two schools is that Confucianism advocated ruling benevolently by example. It possessed an optimistic view of human potential. (Mencius is often held up as a contrasting example of a Confucian philosopher in opposition to the legalistic doctrine of Hsün-tzu). The difference also appears starkly in the imagery of each philosophy's writings. The dominant imagery in Legalism's writings is of forcefully straightening or unbending twisted tree limbs so that they grow perfectly straight, or using hot irons to burn the tree limbs so that they will grow in the desired direction. "  source


Charming Anarchist's picture

Ancient Chinese secret?? Please. 

Every single corner of this world has been under the boot of evil statesmen. 

HowardBeale's picture

Peak Corruption.

It can't get any more in your 99%-peasant-fucks face than this.

When it all comes apart, there will be a few that will be Wanted...

Ill-news the Stormcrow's picture

To stea-, erm, borrow a phrase: "Hey, whore, how's the whoring?"

Guess that "satire" about his job at JPM was wrong only in degree.

i_call_you_my_base's picture

Eric Holder is a steaming pile of dog shit.

Lumberjack's picture

Faster and furiously.

Laddie's picture

He is a vicious anti-white mulatto. Like the Prez.

Eric Holder no "Hate Crime" protection for White Christians

The ADL was the MAIN FORCE behind the Federal THOUGHT CRIME law passed in 2009, which Eric Holder in testimony before Congress said did not protect Whites. It was called the Matthew Shepard Act.


"Matthew Shepard case, where we now find out that Shepard was a meth addict who was murdered as part of a drug heist; one of his murderers had a homosexual and drug-dealing relationship with Shepard. But that has made no difference to the narrative put out by the Matthew Shepard Foundation or the mainstream media, and the author of book with these revelations now finds himself besieged by hostility despite being gay, Latino, and politically liberal."

These are all "LOVE CRIMES" you see and they are HIDDEN by the Media Bosses from you and the average White citizen. Saturday July 4, 2015 Cincinnati Ohio

This video was shot on Friday June 19, 2015 outside of Herfurth Elementary School in Rowlett, Texas. A black male is taking the video: a vicious attack on a White 14-year-old female holding her three-year-old niece and a white female friend are sitting on a park bench. This was described as a "schoolyard brawl." SERIOUSLY a "schoolyard brawl" !!!

The attackers "APPEARED" to be black!!

Indianapolis Playground Beating: Girl and Her Little Brother Brutally Attacked in Park March 15, 2015
The Indianapolis playground beating may have been racially motivated. The victim and her brother were white and the attackers appeared to be black. As the victim was asking why she was being attacked, one of the boys in the group appeared to answer, “You white, bitch.”

Young Girl and Little Brother attacked
Video posted on (and removed from) facebook of brutal attack on a female and her little brother

Cops Post Video of Brutal Beating in Attempt to ID Suspects; YouTube Removes

After Cops Post Video of Brutal Beating in Attempt to ID Suspects, YouTube Reportedly Takes Action You Might Find Hard to Swallow
Dave Urbanski, The Blaze, September 20, 2014

Remember the surveillance video showing six male suspects brutally beating a couple outside a club in downtown Springfield, Missouri?
Unprovoked Brutal Bashing of Couple
Police have released chilling CCTV footage of what they are describing as a 'hate crime', where a group of men have viciously assaulted a couple from behind.

Ward cleaver's picture

Yeah and whitey keeps on cheering for their trayvon team and supporting all the liberal laws for the PV (Protected Victim) class. If I ever see one of these videos on MSM I'll vote for Hitlery.

Cabreado's picture

The cowardice oozes out of every pore; I suspect his criminal role will not be forgotten.