Lanny Breuer Leaving DOJ for $4 Million/Year Job at Eric Holder’s (old and likely future) Law Firm

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Man, that revolving door just keeps on turning. I am so glad to hear that the guy who deemed HSBC too “big to jail” is going back to be a white collar defense attorney. That he’s going back to defend the banks. I don’t see how a $4 million/year job could have influenced his tenure at Justice or anything.

Holder’s right hand man, Breuer basically said that though lots of nasty things happened during the crash of 2008 and prior, nothing (for the most part) was illegal. Or, if it was illegal that prosecution was potentially too damaging to financial markets.

Now he’s cashing in, big time, defending the banks he was once charged with pursuing for the American people.

(From The Washington Post)

Breuer said he will not be representing any companies on any matters that went before the Justice Department during his tenure. Ethics rules bar him from appearing before the DOJ on a client’s behalf for two years. He can, however, counsel a client on a new matter before the department from behind the scenes.

“I’m sure that if we have a client that has a new matter and we’re able to get that work, I would get involved,” Breuer said in an interview.

Breuer is the latest high-profile hire that Covington, the District’s largest law firm with more than 500 attorneys locally, has snapped up amid Washington’s revolving door of high-ranking officials leaving government for the private sector. Veteran Calif. congressman Howard Berman and former Sen. Jon Kyl (R-Ariz.) both joined the firm’s lobbying practice this month. Covington is also the firm where Attorney General Eric Holder was a partner.

Click here for the article.

Carol Longmuir
Carol Longmuir 5pts

Another position that Obama can fill with a capitalist muslim!!!

Dave Perring
Dave Perring 5pts

Suprised. not at all, that's how they do business, back alley and back door

Betsy Wetzig
Betsy Wetzig 5pts

Does anyone NOT think that the Obama Administration is Crony Capitalism on Steroids!!!!!

Janet Day
Janet Day 5pts

Hah! ashes to ashes....dirt to dirt.

Tom Elliman
Tom Elliman 5pts

Is this a "what difference does it make" moment?

Terry Owens
Terry Owens 5pts

Where is that re-distribution of wealth Obama and Joe the Plumber had a nice chat about? Lots of poor families could be benefited if he would just share his 4 million a year with the poor.

Myrna McGhie
Myrna McGhie 5pts

Why would anyone need to earn $4 million per year to live on? Now this is government greed that we need to end NOW!

Jeffrey LaCroix
Jeffrey LaCroix 5pts

I bet the press ran out and asked Dee Dee Myers what she thought of this ... or not.

John Francis Russo
John Francis Russo 5pts

There is no such thing as crony capitalism. All cronyism is socialist.

Arnold Haake
Arnold Haake 5pts

Don't let that revolving door of corruption hit you in your fat billfold.

Benjamin Stockton
Benjamin Stockton 5pts

But...he's a JOB CREATOR. He works hard! Right, conservatives?

Alison Francis
Alison Francis 5pts

i'll scratch your back you scratch mine,transparency what a crock

Tom Sims
Tom Sims 5pts

.......screw the public together.

Fred W Saunders
Fred W Saunders 5pts

Yes, and we don't stand a chance against these learned individuals.