iOS app Android app

Lanny Breuer

$13 Billion and Counting

Mike Lux | Posted 01.23.2014 | Politics
Mike Lux

Big bank executives are finally starting to sweat. Having gotten away for many years with relatively tiny, slap-on-the-wrist fines where they got exemption from any future legal action, a big $13 billion fine with no criminal side settlement is a different ballgame entirely.

Sherry Hernandez: Stuck in the Revolving Door

Joel Sucher | Posted 10.14.2013 | Business
Joel Sucher

Sherry's story follows an all too familiar trajectory and one that any homeowner who's had the misfortune of dealing with nobody's-favorite-mortgage-company, Countrywide Financial, can relate to.

K Street Accountability

Mike Lux | Posted 07.30.2013 | Politics
Mike Lux

It's hard to go back to representing bankers when you have just been prosecuting them. To get at the root of our problems, we're going to have hold K Street accountable, not just government.

Shahien Nasiripour

Too-Big-To-Jail Dogs Obama's Justice Department | Shahien Nasiripour | Posted 05.23.2013 | Politics

The U.S. Department of Justice appears to have neither conducted nor received any analyses that would show whether criminal charges against large fina...

Lawyer Who Investigated Wall Street Goes To Work On Behalf Of Big Banks

The Huffington Post | Will Wrigley | Posted 03.29.2013 | Politics

Former Department of Justice criminal division chief Lanny Breuer has announced that he will rejoin the law firm where he spent much of his career. ...

TBTF, TBTJ: Too Big to Exist

Mike Lux | Posted 04.10.2013 | Politics
Mike Lux

I remain troubled by the fact that fundamental economic issues seem to be the last thing on anybody's minds in D.C. And looming over these economic problems is the elephant in the room: these Too Big To Fail, and apparently Too Big To Jail, Wall Street financial conglomerates.

Senators Demand Answers About 'Untouchable' Wall Street Criminals

Dan Petegorsky | Posted 04.01.2013 | Business
Dan Petegorsky

For years now this has been DOJ's strategy: to rattle off the number of cases of "financial fraud" or "mortgage fraud" it has won, not a single one of which is the kind of case the public has been demanding.

Justice Department Official To Step Down

Reuters | Posted 04.01.2013 | Politics

* Lanny Breuer to leave on March 1 * Chief since 2009, plans return to private sector By Aruna Viswanatha ...

As Federal Prosecutors Cash In, Big Bankers Go Unpunished

Richard (RJ) Eskow | Posted 03.29.2013 | Politics
Richard (RJ) Eskow

We needed heroes after the financial crisis. Instead we got bureaucrats, compromisers, and perhaps something much worse.

Obama's Messy Narrative

Mike Lux | Posted 03.27.2013 | Politics
Mike Lux

Anyone who wants to try and give a clear, uncomplicated picture of President Obama and his party this week has to end it a little befuddled.

Why Isn't This a Front Page Story Nationwide?

Joel Sucher | Posted 03.02.2013 | Business
Joel Sucher

So time marches on and so do the foreclosures. Justice for homeowners impacted by the fraud is yet to be achieved, and -- if the financial services industry has its way -- the remuneration will be paltry at best.

Will R-I-C-O Spell 'Relief' for BofA Mortgage Borrowers?

Joel Sucher | Posted 12.16.2012 | Business
Joel Sucher

Down the line, many hope that what Occupy has failed to accomplish, hard-nosed prosecutors might be able to provide: a measure of justice for the millions of aggrieved homeowners either forced out in foreclosure.

Obama Administration Makes Push For Get-Out-Of-Jail-Early Proposals

The Huffington Post | Simon McCormack | Posted 07.30.2012 | Crime

A Department of Justice official pushed for two legislative proposals that would reduce the number of American prisoners in a country that houses more...