Barney Frank intimidating DOJ?
I am beginning to have some lack of confidence in Rep. Barney Franks. Ever since he accepted the two and one half sheets of paper from Sec. Paulson to get all those billions of dollars from our treasury, I have not been comfortable with him.
Now it appears he is asking for the Department of Justice (DOJ) to stop doing what they are doing to appear before his committee to testify on March 20th as to what they are doing. I am suspicious of Rep. Frank’s motives. Sec. Holder may not want a light beaming on his program at this critical time and it appears the good Mr. Barney Frank may not agree with him. Looking forward to Mr. Frank postponing his hearings for an indefinite period of time. If Mr. Frank has nothing to do, maybe he should consider doing it some place else. Go shopping or something! Let Sec. Holder do his job and judging from the enclosed article, it is monumental.
As always,
BB
Financial Fraud Is Focus of Attack by Prosecutors
By DAVID SEGAL Published: March 11, 2009
http://www.nytimes.com/2009/03/12/business/12crime.html?_r=2&hp
Excerpt:
Officials at the Justice Department have not said much in public about their plans. But people who have met with Attorney General Eric H. Holder Jr. say he is weighing a range of strategies.
And
As federal authorities decide on a course of action, Congress is becoming impatient. Representative Barney Frank, chairman of the House Financial Services Committee, announced plans last week for a hearing on March 20, inviting Mr. Holder, bank regulators and leaders of the S.E.C. to answer questions about their enforcement plans.
And
With all the state activity and portents of a new resolve at the federal level, lawyers who defend white-collar clients sense growing momentum to perp walk and prosecute executives involved in the mortgage crisis.
And
Many financial executives have hired lawyers in the last few months, either through internal counsels or, more discreetly, on their own, several lawyers who defend white-collar clients said.
Now it appears he is asking for the Department of Justice (DOJ) to stop doing what they are doing to appear before his committee to testify on March 20th as to what they are doing. I am suspicious of Rep. Frank’s motives. Sec. Holder may not want a light beaming on his program at this critical time and it appears the good Mr. Barney Frank may not agree with him. Looking forward to Mr. Frank postponing his hearings for an indefinite period of time. If Mr. Frank has nothing to do, maybe he should consider doing it some place else. Go shopping or something! Let Sec. Holder do his job and judging from the enclosed article, it is monumental.
As always,
BB
Financial Fraud Is Focus of Attack by Prosecutors
By DAVID SEGAL Published: March 11, 2009
http://www.nytimes.com/2009/03/12/business/12crime.html?_r=2&hp
Excerpt:
Officials at the Justice Department have not said much in public about their plans. But people who have met with Attorney General Eric H. Holder Jr. say he is weighing a range of strategies.
And
As federal authorities decide on a course of action, Congress is becoming impatient. Representative Barney Frank, chairman of the House Financial Services Committee, announced plans last week for a hearing on March 20, inviting Mr. Holder, bank regulators and leaders of the S.E.C. to answer questions about their enforcement plans.
And
With all the state activity and portents of a new resolve at the federal level, lawyers who defend white-collar clients sense growing momentum to perp walk and prosecute executives involved in the mortgage crisis.
And
Many financial executives have hired lawyers in the last few months, either through internal counsels or, more discreetly, on their own, several lawyers who defend white-collar clients said.
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