9 thoughts on “Lois Lerner”

  1. But it’s Eric Holder’s job… surely he’ll do it one day before the universe ends? Exactly one day.

      1. Thank you, Mr. Class Warfare.

        I’d take a dozen soi-disant banker criminals over one irredeemably corrupt head of the Department of Justice.

      2. Why would Holder go after Obama’s biggest donors? You thought you were being snarky but in reality you just added another example of corruption.

      3. Not going to happen.

        Now, more than 2,000 pages of documents newly released by the SEC in response to an American Lawyer Freedom of Information Request sheds fresh light on the Abacus case. They show deep internal divisions at the SEC over the investigation and charging of that case, as one veteran lawyer relentlessly pushed for the SEC to target a more senior Goldman executive, and ultimately failed.

        “My experience in this case still bothers me a lot,” said then–SEC lawyer James Kidney in sworn testimony taken in the summer of 2010, a few months after the SEC sued Goldman and junior executive Fabrice Tourre. During 80 minutes of testimony, Kidney vented his frustrations over this case, asserting that the SEC would be more aggressive with a less powerful target. “We take extraordinary inferences and apply them to common little people,” he said. “It still bothers me that we had a lot more than inference here and we didn’t do anything with it.”

        Kidney was one of at least 30 SEC lawyers and officials who gave sworn testimony in the summer of 2010 as part of a probe by the SEC’s then–inspector general, David Kotz, into whether the Goldman Sachs case was politically motivated. Kotz included portions of those interviews in a heavily redacted 2010 report that concluded the case wasn’t politically motivated. But the transcripts, obtained through the FOIA, fill in many details. Not only do they reveal more fully the discord within the SEC over the handling of the case, they also suggest that the SEC’s $550 million settlement with Goldman secretly ended roughly a dozen other related investigations into collateralized debt obligations that the agency dropped.

        1. Corporate death penalty. (A new class of bankruptcy law, here applied as a penalty – because fines will only get anywhere if you’re getting -specific-people- fined.)

          Split into five pieces and set free independently. Executives canned, parachutes cut.

          If they’re too big and opperating outside the law … then -fix- that.

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