Sherrod Brown and Chuck Grassley Watch Frontline, Too

Citing this line from Lanny Breuer in last week’s Frontline program,

I think I and prosecutors around the country, being responsible, should speak to regulators, should speak to experts, because if I bring a case against institution, and as a result of bringing that case, there’s some huge economic effect — if it creates a ripple effect so that suddenly, counterparties and other financial institutions or other companies that had nothing to do with this are affected badly — it’s a factor we need to know and understand.

Sherrod Brown and Chuck Grassley have sent a list of questions they want Eric Holder to answer by February 8.

The questions are:

  1. Has the Justice Department designated certain institutions whose failure could jeopardize the stability of the financial markets and are thus, “too big to jail”?  If so, please name them.
  2. Has the Justice Department ever failed to bring a prosecution against an institution due to concern that their failure could jeopardize financial markets?
  3. Are there any entities the Justice Department has entered into settlements with, in which the amount of the settlement reflected a concern that markets could be impacted by such a settlement?  If so, for which entities?
  4. Please provide the names of all outside experts consulted by the Justice Department in making prosecutorial decisions regarding financial institutions with over $1 billion in assets.
  5. Please provide any compensation contracts for these individuals.
  6. How did DOJ ensure that these experts provided unconflicted and unbiased advice to DOJ?

I’m interested in their focus on contractors. Has someone like Promontory Financial Group been making these decisions too?

In any case I await Holder’s non-responsive answer with bated breath.

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emptywheel @janehamsher Next thing you're gonna tell me CIA was warned that invading Iraq would result in chaos. @onekade @FearDept
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emptywheel @JohnWMAnthony There was confusion abt which church it was, but several people briefed on the raid now. @iamcoreyevans
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JimWhiteGNV Dear #Ferguson police: please look up the meaning of the word "sanctuary" in relation to churches and victims of oppression. Not just a bldg
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JimWhiteGNV RT @jamiekilstein: So "looting" is ok when it's cops doing it to a church?
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emptywheel Folks, of COURSE the cops were going to raid a Church. They're ticking off each part of the First Amendment systematically.
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emptywheel @onekade Well, sure. It was Chertoff. Selling "Homeland" Security. Of course it was looting. Can I rent you Keith Alexander next? @FearDept
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JimWhiteGNV RT @OKnox: @aterkel Look, you're in a "First Amendment Area," he's in a "Second Amendment Area." What's so hard to understand?
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JimWhiteGNV RT @aterkel: Note that the “go fuck yourself” cop was mostly waving the gun at media — it was right in front of the press area. #Ferguson
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JimWhiteGNV So now the Ayatollah has joined Egypt in trolling the US over #Ferguson. Time for president and governor to intervene, shut down cops.
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JimWhiteGNV RT @khamenei_ir: If US govt hadn't systematically ban its ppl from knowing the truth, movements like the 99% would've been formed in a larg…
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JimWhiteGNV RT @elonjames: Churches. Places that have been SANCTUARIES for CENTURIES are being raided in an effort to stop any sort of resistance to th…
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JimWhiteGNV We'll get it right this time for sure! MT @APDiploWriter: WASHINGTON (AP) — Military weighs plan 2 send small no. additional troops 2 #Iraq.
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