Lanny Breuer
LannyAi??Breuer, who was theAi??Assistant Attorney General for the Criminal Division of the U.S. Department of Justice under President Obama, conceded in a recent PBS documentary that “no Wall Street executives” were prosecuted under his tenure.
Now we know one reason why Breuer may’ve been so soft on the Big Banks. He has just announced that he will be returning to Covington & Burling, a white collar defense law firm that “represented corporations that were investigated by the criminal division” of the Department of Justice.
Ethics law prevents him from “appearing before the DOJ on a clientai??i??s behalf for two years. He can, however, counsel a client on a new matter before the department from behind the scenes.”
Breuer isn’t the only big get for the firm this year. Former Republican Senator Jon Kyl (AZ) and former Democratic Rep. Howard Berman (CA) both joined the firm’s lobbying practice recently. It also happens to be the firm that Attorney General Eric Holder — who notoriously failed to hold banks accountable as well — worked at.
UPDATE: The American Bankers Association was one of the firm’s clients in 2012, giving it $40,000. Wells Fargo was as well, giving it $120,000.
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