Thursday, June 14, 2012

Holder faces corruption scandal, too

http://theweek.com/section/cartoon/52/219969/social-issues

At a time when millions of Americans are losing their homes as a result of questionable or fraudulent mortgage banking practices, Attorney General Eric Holder’s Justice Department is being accused of blocking prosecution of a high-visibility real estate deal.

Holder, who is under pressure by Congress members investigating the Fast & Furious gun-running scandal to resign, allegedly aims to protect a high-profile international bank client of his former law firm and shield Democratic Party operatives implicated in the scheme.

WND has obtained several hundred pages of documents alleging that Holder and Lanny Breuer, the assistant attorney general for the DOJ’s criminal division, have intervened to block recommended federal prosecutions in an ongoing dispute involving the exclusive Yellowstone Club, a private golf and ski resort now owned by supermarket billionaire Ron Burkle and international bank Credit Suisse.

Allegedly, Holder and Breuer want to shield from federal criminal prosecution the bank, Credit Suisse Group AG, a client of the Washington-based law firm Covington & Burling, as well as key Democratic Party operatives suspected of playing a role in allegedly fraudulent mortgage financing and bank lending practices.

More @ WND

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