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in front of them, bank organizations that pleaded that pleaded guilty to moneylaundering for drug cartels and terrorists. they paid the fine. they knew people had to make the decision. but even after they plead guilty, brewer would go after none of the people involved. people commit crimes. there is case after case like that. >> why hasn't the department of justice been more aggressive? and is there the possibility of a deal between the obama administration and wall street? your thoughts. >> well rahm emanuel was out collecting money from wall street in the first cycle, collecting money from wall street for that first election, he was telling people that the man behind the curtain, president obama, who was running for president at the time, when he was talking tough about getting tough with bankers and actually cleaning up the culture of banking, that he wasn't really -- wasn't serious. and in the end, what ended
speak to regulators, should speak to experts, because if i bring a case against institution a, and as a result of bringing that case, there is 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 fact that we need to know and understand. >> and i am joined tonight by mike papantonio, host of "the ring of fire" radio show and former president of the national trial lawyers association. good to have you with us tonight. >> how are you. >> this documentary place and lanny breuer resigns. i don't know what the connection is. what do you make of it? >> should have followed the dots a little bit further. the very reasons that lanny breuer resigned should be some of the reasons that eric holder should be thinking about. ed, this is a simple case to understand. what eric holder and breur had
practices and they have come up with nothing. lots of unanswered questions remain, and now the man responsible for these investigations, assistant attorney general laney brewer has resigned. well, brewer went on record in a speech at the new york bar association. martin smith asked brewer about that speech. >> in that speech you made a reference to losing sleep at night, worrying about what a lawsuit might result in. at a large financial institution. >> right. >> is that really the job of a prosecutor, to worry about anything other than simply pursuing justice? >> well, i think i am pursuing justice. i think the entire responsibility of the department is to pursue justice. but in any given case, i think i and prosecutors around the country being responsible should
what are eric holder's ties to the law firms. >> eric holder and the other top five officials at the department of justice all came from large firms that do a lot of business with wall street. covington and brling was eric holder r-r's tpeufrplt he was part of the white color criminal defense practice, along with laney brewer. they did a lot of business with wall street. it still represents goldman sacks, bank of america, jpmorgan. et cetera. bill: would some of the attorneys go work at the department of justice? would it work in reverse or would it work hand in glove. >> it's a revolving door. when eric holder became attorney general in 2009 he came over and brought over with him five other attorneys, two of which have returned back to coug covington and are working on white color criminal defense cases, again in some instances involving large financial institutions. bill: your suggestion then is that he does not go after the firms because it's cronyism,
promised me swift action, even though this is predecessor has stalled for about a year before she left. if eric holder is telling us that they are not going to have answers until after the election, that would be like nixon saying, we'll release the tapes in 50 years. ultimately the time has come and passed for them to tell us how we were misled. martha: you said that you won't file these, you're sort of giving them one more chance. what is your drop-dead date for the documents that you want? >> well if the attorney general's answer, we've given you all we're going to give you then the drop-dead date is immediate. if there is any real compliance then we would look forward to evaluate that material. understand, people including laney brewer in this office of the attorney general clearly knew a lot, were involved and we can't get answers. when it comes to the false statement made before congress and not taken back for ten months, we want to know who knew about it and continued to have a
after people like brewer had this is national debt when i was born and this is the national orchestrated it and been debt what it is now. involved in it. yuck! our investigation has always been to make sure we find out who was responsible and how to >> greta: barry hinkley finding stop it. as you also know, eric holder, a great way to grab attention. he said this was fundamentally he is using his five-year-old flawed in his testimony before son as a spokesperson and little appropriations, he implied you could do the same thing better. hudson is definitely a winner. >> after betty white takes a new laney brewer the same thing when we were getting documents they role and new leading man. never let guns walk was in ♪ mexico was trying to negotiate a ♪ >> you can tell which one is new gun walking program. male or female by that. >> greta: he could have stopped it himself or could have walked >> greta: she is teaming up with into attorney general's office guns and roses guitarist slash. and stopped it. that the first problem. second problem, holder has been doing ads for the los angeles zoo to try to get the new 2nd, who is the highest ranked person in the government who reptile house attraction. authorized fast and furious. there you have the best of the first question. and second, who on hor is rest. coming up, he was a '60s sing highest ranked person whether
hopes we will be able to avoid any further action and be able to get cooperation. >> greta: an extension, i've practiced law for years and it [ woman speaking indistinctly over radio ] doesn't take forever to get home protector plus from liberty mutual insurance... answers to question. but the reason this dragging on [ alarm blaring ] where the cost to repair your home, to the painful to the family of the agent who was killed, border replace what's inside, and stay somewhere else if you need to agent is because whoever made are covered. the really dumb decision to go forward with fast and furious because you never know what lies around the corner. may still be in the federal to learn more, government making more dumb decisions. visit libertymutual.com today. we need to get that person out of that position. a lot of this gets dragged on, dave, i've downloaded a virus. he's in a position to do other yeah. stupid things? ♪ >> exactly. the highest ranking person who dave, where are we on the new laptop? had a role was patrick it's so slow! i'm calling dave. cunningham. he resigned and said he intends [ telephone rings ] [ sighs ] i need a new i.t. guy. to take the fifth. so we go up to a point, but as [ male announcer ] in a small business, technology is all you. the evidence we have shows laney staples easy tech experts are here to help. you must be... ...dave. brewer needs to answer fully [ male announcer ] with everything from new computers,
hopes we will be able to avoid any further action and be able to get cooperation. >> greta: an extension, i've practiced law for years and it doesn't take forever to get answers to question. but the reason this dragging on to the painful to the family of the agent who was killed, border agent is because whoever made the really dumb decision to go forward with fast and furious may still be in the federal government making more dumb decisions. we need to get that person out of that position. a lot of this gets dragged on, he's in a position to do other stupid things? >> exactly. the highest ranking person who had a role was patrick cunningham. he resigned and said he intends to take the fifth. so we go up to a point, but as the evidence we have shows laney brewer needs to answer fully
after people like brewer had orchestrated it and been involved in it. our investigation has always been to make sure we find out who was responsible and how to stop it. as you also know, eric holder, he said this was fundamentally flawed in his testimony before appropriations, he implied you could do the same thing better. laney brewer the same thing when we were getting documents they never let guns walk was in mexico was trying to negotiate a new gun walking program. >> greta: he could have stopped it himself or could have walked into attorney general's office and stopped it. that the first problem. second problem, holder has been 2nd, who is the highest ranked person in the government who authorized fast and furious. first question. and second, who on hor is highest ranked person whether
loyalty or lenny brewer, maybe he is protecting than the chief of staff. >> greta: who appointeder. >> general to this? >> he did. he did it after they wrote the letter, grassley wrote the letter and he sent the response which they then withdrew and then he appointed an inspector general. >> greta: can you call the inspector general. call the inspector general and say where are you in your report? can you answer this particular question, who authorized it. >> that was such a good question you a died last time, i shared t with chairman issa. you don't want to create the appearance of interfering of what is supposed to be an independent investigation.