The DOJ responds to Sherrod Brown, Chairman of the SubCommittee of Financial Institutions and Consumer Protection regarding the criminal prosecution (or lack thereof!) of large financial institutions.

This letter more than the usual "blah blah" nonsense with nothing concrete, half excuses, and a failure to admit the horrid record of protecting the big crooks involved in our current national financial crisis.

This letter is more, because has become the "entry vehicle" for a letter from a whistleblower, which is on point to the failures to prosecute. A case where DOJ lawyers blatantly admitted cover-up of crime by one of the most powerful hedge fund / politicians in our nations history.

Very OMG, baby!

The Judicial Canons govern the conduct of every federal judge. This includes federal bankruptcy judges.

Retrieved from http://www.uscourts.gov/rulesandpolicies/CodesOfConduct.aspx

Where There is Smoke, There is Fire

So, we are supposed to believe that there was only just a little bit of human kidney selling going on. We are supposed to believe that the Bankruptcy Ring with players in New York and New Jersey admitted 10 years of human kidney trading, but that there are no area hospitals involved in the illegal transplants, that there wasn't a single crime of insurance fraud ...

You think rich people would pay for an entire operation with their own money after they just paid six figures for the kidney?

... that there wasn't a single surgeon or operating room staff suspicious about the Playmate Cooler that arrived from the Middle or Far East, that there wasn't a single lawyer helping the crime ring to dot their eyes and cross their Tees.

Yeah right. Well, at least Ralph J. Marra Jr., Acting U.S. Attorney, never got the memo about how the "Justice" game is played for the benefit of the neo-mafia. Perhaps the title "Acting U.S. Attorney" should have been the tip off for our understanding, as if Marra skipped his orientation training.

Stay tuned at BankruptcyMIsconduct because we are not afraid to point fingers at the really ugly people involved, failing to do their official duties as prosecutors, or otherwise just plain ugly.

Yo, Yo, Yo!

White Crook Caught Red Handed

Jon Corzine is the Teflon Jon, caught stealin' money. One point 5 of the biggest.

What are the chances that an organized crime member gets punished? No, not low level Tony Soprano type, but one of the big players, government insiders. Well, first let's consider what some honest members of our federal government who were in charge of enforcing the relevant laws against such crimes had to say on the matter:

Corzine bears responsibility for MF Global's unlawful acts. He held and exercised direct or indirect control over MF Global and Holdings and either did not act in good faith or knowingly induced these violations. In violation of his legal obligations, he also failed to supervise diligently the activities of MF Global's officers, employees, and agents.

RICO RACKETEERING ACTIVITY DEFINED
Racketeering activity, as defined by the RICO statute, includes any acts that
involve or that may be charged as any of a wide range of crimes under state or federal
law.

RACKETEERING ACT 4(a)
(Conspiracy to Murder a Witness)

Yes people, this is the real deal. A former State and Federal prosecutor here. A former U.S. Army Ranger. What is missing from this story? ...

This Federal Judicial Center publication was undertaken in furtherance of the Centers statutory mission to develop and conduct education programs for judicial branch employees:

 

S. Elizabeth Gibson
Burton Craige Professor of Law
University of North Carolina at Chapel Hill
School of Law
Chapel Hill, North Carolina

Download Federal_Judicial_Center__Judicial_Management_of_Mega-Cases__Bartell_Gibson.pdf for free!

Eliot Spitzer is known in the public mind for a legacy that includes doing business with organized crime during his years as a pretend prosecutor and corrupt governor of New York State. Even so, the commercial media have done a great job at glossing over the many organized crime elements which profited directly from their illicit connections with Spitzer and indirectly through his degenerate abuse of Prosecutorial Discretion.

And so, it was not long after Eliot Spitzer lost his ultimate power over the business of "justice" in New York that a bankruptcy lawyer, and pimp, known as Big Daddy Lou was arrested. It is a challenge for ordinary citizens to comprehend the racially motivated hatred, bigotry, and birthright entitlement which motivates and justifies educated lawyers like Louis J. Posner & Eliot Spitzer to profit on the slave trade in young Russian sex slaves.

Perhaps even more of a challenge is understanding why a fib by Martha Stewart, corrected of her own volition prior to any adjudication, related to an alleged insider $40K stock trade offense results in a years incarceration. And the million dollar prostition ring that was run by the bankruptcy lawyer Louis Joseph Posner, which included false statements to police, and making fraudulent charges against the police, results in the slap on the wrist of community service and probation. While we admit that the "higher standard" myth about lawyers is a well known joke, we can barely imagine the dirt on public officials that Posner traded for his freedom.

We can only wait for the day when a Federal Special Prosecutor can make the rounds to the former (we hope) Spitzer organized crime ring and clean up the disgusting mess. Andrew Cuomo did a great job keeping things covered up, but a new day is coming.

One lawyer disbarred is not even a start. We need wholesale incarcerations and forfeiture of criminal enterprises. By the way, and adjudication done via a Fraud Upon The Court creates an infinitely long statute of limitations. Fraudulently withholding the names of co-conspirators in an organized crime ring is exactly such a stubborn thorn in the side of organized crime on this one. And BankruptcyMisconduct is not focused upon statements by Big Daddy. The prosecutor's office is infected by the influence of organized crime, and felony crimes ensare all who profit, aid, abet, instigate, counsels, or influences.

So read this little prologue, the disbarment and expungement of bankruptcy lawyer Louis J. Posner.

Martha Stewart is deemed as having told a lie during an investigation. Even though she corrected it after reviewing her notes of her own volition and prior to any sort of adjudication, she is placed in jail.

When Jeff Adams was with a lawyer employed by Bettison, Doyle, Apffel & Guarino, P.C. as they sought to be employed by Eagle Broadband, Inc. et al. he filed a blatantly false affidavit of disinterestedness.

Download this order where judge LETITIA Z. CLARK gently slaps Jeff down.

We've seen Conflict Of Interest problems and false affidavits before, but in this case Jeff Adams was an appointed officer of a few public companies affiliated with Eagle Broadband.

Let's start the clock ticking as to when Mr. Adams gets incarcerated. Too bad it doesn't look like Jeff has any bargaining leverage in order to help a District Attorney nab a bigger crook, like the otherwise similarly situated Suzzanne Uhland.

Suzzanne is better off than Jeff because if she plays her cards smart, she could strike a deal while the window is still open...