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.

Tweet about this on Twitter0Share on Reddit0Share on Facebook0Google+0Email to someone

13 Responses to Sherrod Brown and Chuck Grassley Watch Frontline, Too

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
Emptywheel Twitterverse
bmaz @JasonLeopold Think DOJ might have been wanting to send me anyway.
10mreplyretweetfavorite
emptywheel @normative Except given how they treated this review, I assume they'll be stingy with that as well. @onekade @JameelJaffer
15mreplyretweetfavorite
emptywheel @normative The real big revelations WOULD come from the 215 and Exigent reports, which should have lots new declass. @onekade @JameelJaffer
15mreplyretweetfavorite
JimWhiteGNV RT @GregMitch: Wolf Blitzer still looking for more gunmen in Ottawa. Barbara Starr overhead in NORAD drone.
16mreplyretweetfavorite
emptywheel @normative Also outdated reference to what USED to be included in assessments. @onekade @JameelJaffer
16mreplyretweetfavorite
emptywheel @normative Short version is: Almost nothing, except that they're not using 1 NSL authority. @onekade @JameelJaffer
17mreplyretweetfavorite
JimWhiteGNV @jenanmoussa See Rouhani's courageous remarks about extremism, quoted from Erdbrink's coverage: https://t.co/48ur9zgcQE
27mreplyretweetfavorite
JimWhiteGNV RT @jenanmoussa: Women suffer most from extremists. Its just scary what women go through from #Syria to Iraq to Iran. Hell. #pt
28mreplyretweetfavorite
JimWhiteGNV RT @jenanmoussa: Scary. "8 to 9 women attacked by men who splashed them with acid in Isfahan" http://t.co/0I70DKLfM4 #IranAcidAttacks http:…
30mreplyretweetfavorite
JimWhiteGNV RT @Bill_Owen: Everyone says attack in Ottawa, "changes everything". Only if we give into fear. Fuck these guys. Nothing changed. We live, …
34mreplyretweetfavorite
JimWhiteGNV RT @alexisgoldstein: Highway LITTERED w bodies of ppl Admin threw under a bus (@VanJones68, Sibelius), but Obama keeps Brennan after @cia I…
35mreplyretweetfavorite
January 2013
S M T W T F S
« Dec   Feb »
 12345
6789101112
13141516171819
20212223242526
2728293031