DON’T DRUNK-DIAL the Tea Party or FreedomWorks, D.C. Douglas – Video
GOP Running Out Clock on Wall Street Reform
Criminals and Cover-ups
Holder Harbors Siegelman Frame-up Culprit.
[Background: Don Eugene Siegelman (born February 24, 1946) is an American Democratic Party politician who held numerous offices in Alabama. He was the 51st Governor of Alabama for one term from 1999 to 2003. Siegelman is the only person in the history of Alabama to be elected to serve in all four of the top statewide elected offices: Secretary of State, Attorney General, 26th Lieutenant Governor and Governor. He served in Alabama politics for 26 years.
After the expiration of his governorship, two of Alabama’s United States Attorneys began a criminal investigation against him on accusations of corruption while in office. Indictments came in 2004 and again in 2005, and in 2006 he was convicted on corruption charges. There has been an ongoing controversy due to counteraccusations that his prosecution was intentionally wrongful, engineered by presidential advisor Karl Rove and officials of the U.S. Department of Justice to gain political advantage. National news media have published investigations into this claim and at least 50 U.S. legislators and officials have publicly expressed their skepticism over Siegelman’s prosecution. The treatment of Siegelman pending his sentencing was so harsh that it prompted an intervention by 44 former Attorneys General of various states.]
Scott Horton, Legal Affairs writer for Harper’s Magazine, exposes further misconduct in the Siegelman case quoting one member of the prosecution as saying that he would not come forward to expose government misconduct because:
–“you don’t understand, these people would kill me if they have to to keep the lid on this.” And Main Justice? “They’d be happy to learn that I was dead.”
Horton says the person responsible for subverting justice is David Margolas, Deputy Attorney General and the right hand man to Eric Holder. (Who is David Margolas? See Scott Horton’s speech below, 4th page, 3rd full paragraph.)
Please read this article and Horton’s speech linked in The Legal Schnauzer. It is chilling!
A member of the team that prosecuted former Alabama Governor Don Siegelman says he witnessed rampant misconduct in the case but is afraid to come forward out of fear for his life.
Scott Horton, legal-affairs contributor for Harper’s Magazine, made the revelation in a speech last week to the Rotary Club of New York and the American Constitution Society
Horton says that one Justice Department whistleblower–Tamarah Grimes, of Montgomery–had come forward about misconduct in the Siegelman prosecution and wound up losing her job. A second, unnamed whistleblower fears a similar fate, or worse, if he comes forward.
Horton says he has interviewed both prosecution insiders, and they corroborate statements by key witness Nick Bailey that he was heavily coached and threatened with being outed as a homosexual. Says Horton.
As I note, two members of the prosecution team were appalled by the misconduct that drove the case against Siegelman. One of them filed internal complaints inside the Justice Department. The result? Her name is Tamara Grimes. She was persecuted, hounded, and finally dismissed from her position–in direct violation of the federal whistleblower protection statute.
And what about the second member of the team?
(He) tells me he will not step forward because he knows he would face the same fate. He even indicated the fear of a mob type–“you don’t understand, these people would kill me if they have to to keep the lid on this.” And Main Justice? “They’d be happy to learn that I was dead.”
Horton goes on to summarize the Justice Department’s disgraceful handling of the Siegelman case:
So today, even though the Siegelman case has been torn to shreds in the public and 104 state attorneys general, led by Grant Woods, the national co-chair of the McCain for President campaign, have formally complained about the Justice Department’s gross and abusive handling the case, the Justice Department admits no wrong. It’s even issued a series of brazenly false public statements in an attempt to cover its tracks.
NOT SO SAD SACHS
Goldman Sachs Publicly Backs Financial Reform — While Dispatching Army of Lobbyists. Amid Attempts to Rein in Wall Street, Persuaders Safeguard Bank’s Interests. by Adele Hampton.
For all of Goldman Sachs’ professed support for an overhaul of financial regulations, the megabank hasn’t exactly withdrawn its army of lobbyists. Far from wearing out its welcome, the firm is busier than ever safeguarding its interests while a Wall Street crackdown takes shape in Washington.
Goldman has an unrivaled and influential network of lobbyists, including about 50 people with close ties to Congress and past White Houses, a Huffington Post Investigative Fund analysis of lobbying and campaign records shows. The lobbyists are challenging reforms aimed at Goldman’s profit centers, including the trading of complex contracts known as derivatives. The Senate this week will continue debating proposed regulations of derivatives, which are blamed for fueling the financial crisis.
Perceptions of Goldman’s role in the crisis, along with a civil fraud case brought against the bank last month by the Securities and Exchange Commission, have already spurred predictions of a less dominant future. But all is not lost for Goldman, which still stands out as perhaps the most influential of the nation’s top six banks — a remarkable feat given a crowded field of well-connected institutions.
Goldman’s more immediate concern, meanwhile, is the SEC’s accusations of fraud and potential criminal charges that could ensue from that case.
In response to the commission’s accusations, Goldman is beefing up its legal team. The megabank is projected to hire Paul, Weiss, Rifkind, Wharton & Garrison, a prominent corporate law firm, according to a Financial Times report. An SEC spokesman said he could not comment if Goldman, after hearing about the civil fraud investigation, dispatched lobbyists to dissuade the commission from pursuing the case.
Staff Reporter Ben Protess contributed to this report READ MORE: http://www.commondreams.org/headline/2010/05/17-4
We really need the immediate suppression and re-education of all Big Guys, and re-distribution of property and money. Old banks to be required to hand over all of their assets and accounts to new community banks and credit unions; old bankers to fold their tents and look for honest and modest human employment. The entire Health Insurance Industry should be closed down and put out to pasture – some nice place such as Angola.
Have you ever seen such bluster and fuss?
Tags: alabama, attack wall street, blankfein, buddha, corporations, democratic party, don siegelman, don't drunk call freedom works, don't drunk call the teaparty, drunk calling, eric holder protects siegelman prosecutor, goldman sachs dispatches army of lobbyists, megabanks, philosophy, rein in wall street, scott horton exposes misconduct in the siegelman case, securities and exchange commission charges goldman sachs with fraud