Court and Judicial Corruption News ArticlesExcerpts of Key Court and Judicial Corruption News Articles in Media
Recent revelations about billionaire sex offender Jeffrey Epstein’s sweetheart deal with government prosecutors ... are the tip of the iceberg in a scandal of money, power, sex, corruption and boys’ club criminality. The story [involves] the sexual abuse of girls as young as 14 — and a decade-long process in which lawyers allegedly violated the victims’ rights under federal law. Alan Dershowitz and former Whitewater prosecutor Kenneth W. Starr [Epstein’s lawyers] negotiated a non-prosecution agreement that ultimately afforded Epstein an absurdly lenient sentence: just over a year in the county jail. Epstein was allowed to stay in a vacant wing of the jail and spend up to 12 hours a day in his office, six days a week. Credible allegations in a 53-page, federal draft indictment ... could have put him away for life. Ten years ago, many of the alleged victims were children and likely unaware of their rights. Now fully informed adults, many of the women ... are seeking to set aside the non-prosecution agreement so that their voices can be heard. There’s no doubt that Epstein’s accusers were denied their rights under the 2004 federal Crime Victims’ Rights Act. Among other things, the law asserts that accusers are to be notified of any legal proceedings ... and they or their attorneys are to be present at such proceedings. None of this happened. The sealed, non-prosecution agreement granted federal immunity not only to Epstein and four named accomplices but also to “any [unnamed] potential co-conspirators.”
Note: The "potential co-conspirators" include Bill Clinton, Donald Trump, many actors, business tycoons, and more according to this Miami Herald article. Another article directly implicates Prince Andrew and details the revelations of Epstein's butler, who feared for his life. Learn about other major cover-ups in high places in deeply revealing news articles on sexual abuse scandals from reliable major media sources.
[Jeffrey] Epstein, a multimillionaire hedge fund manager whose friends included a constellation of entertainers, politicians, business titans and royalty, for years lured teenage girls to his Palm Beach mansion as part of a cult-like sex pyramid scheme, police in the town of Palm Beach found. In 2007, despite ample [evidence], federal prosecutors and Epstein’s lawyers quietly put together a remarkable deal for Epstein. He and his accomplices received immunity from federal sex-trafficking charges. After the FBI case was closed in 2008, witnesses and alleged victims testified in civil court that there were hundreds of girls who were brought to Epstein’s homes, including girls from Europe, Latin America and former Soviet Republic countries. There were really just two people willing to risk their careers to go after Epstein: Palm Beach Police Chief Michael Reiter and Detective Joseph Recarey. In their first media interviews about the case, Reiter and Recarey revealed [how they were] pressured by then-Palm Beach State Attorney Barry Krischer to downgrade the case to a misdemeanor or drop it altogether. Police reports show that Epstein’s private investigators attempted to conduct interviews while posing as cops; that they picked through Reiter’s trash in search of dirt to discredit him; and that the private investigators were accused of following the girls and their families. “It became apparent to me that some of our evidence was being leaked to Epstein’s lawyers,” Reiter said.
Note: Learn about how the Miami Herald broke this vitally important story in this article. Read a collection of major media reports on billionaire Jeffrey Epstein's child sex ring which directly implicate Donald Trump, Bill Clinton, and other world leaders. For more along these lines, see concise summaries of deeply revealing sexual abuse scandal news articles from reliable major media sources.
In the five decades since Martin Luther King Jr. was shot dead by an assassin at age 39, his children have worked tirelessly to preserve his legacy. They are unanimous on one key point: James Earl Ray did not kill Martin Luther King. For the King family and others in the civil rights movement, the FBI’s obsession with King in the years leading up to his slaying in Memphis on April 4, 1968 - pervasive surveillance, a malicious disinformation campaign and open denunciations by FBI director J. Edgar Hoover - laid the groundwork for their belief that he was the target of a plot. Until her own death in 2006, Coretta Scott King, who endured the FBI’s campaign to discredit her husband, was open in her belief that a conspiracy led to the assassination. Her family filed a civil suit in 1999 ... and a Memphis jury ruled that the local, state and federal governments were liable for King’s death. “There is abundant evidence,” Coretta King said after the verdict, “of a major, high-level conspiracy in the assassination of my husband.” The jury found the mafia and various government agencies “were deeply involved in the assassination. Mr. Ray was set up to take the blame.” But nothing changed afterward. William Pepper, a New York lawyer and civil rights activist who knew and worked with King ... became convinced of Ray’s innocence and continued to investigate the case even after Ray died. Pepper wrote three books outlining the conspiracy, most recently “The Plot to Kill King” in 2016, which were largely ignored by the media.
Note: Watch an excellent, six-minute clip from Canada's PBS giving powerful evidence based on the excellent work of William Pepper that King was assassinated by factions in government that wanted his movement stopped. For more along these lines, see concise summaries of deeply revealing civil liberties news articles from reliable major media sources.
There are many reasons for women to think twice about reporting sexual assault. But one potential consequence looms especially large: They may also be prosecuted. This month, a retired police lieutenant in Memphis, Tenn., Cody Wilkerson, testified, as part of a lawsuit against the city, not only that police detectives sometimes neglected to investigate cases of sexual assault but also that he overheard the head of investigative services in the city’s police department say, on his first day in charge: “The first thing we need to do is start locking up more victims for false reporting.” It’s an alarming choice of priorities. In 2015 we wrote an article ... about Marie, an 18-year-old who reported being raped. Instead of interviewing her as a victim, [detectives] interrogated her as a suspect. Under pressure, Marie eventually recanted - and was charged with false reporting, punishable by up to a year in jail. More than two years later, the police in Colorado arrested a serial rapist - and discovered a photograph proving he had raped Marie. Cases like hers can be found around the country. In 1997, a legally blind woman reported being raped at knife point in Madison, Wis. That same year, a pregnant 16-year-old reported being raped in New York City. In 2004, a 19-year-old reported being sexually assaulted at gunpoint in Cranberry Township, Pa. In all three instances, the women were charged with lying. In all three instances, their reports turned out to be true. The men who raped them were later identified and convicted.
A decade ago, a billionaire pedophile was able to use his wealth and connections to escape any semblance of a just punishment. The whole system shielded the billionaire from the gravity of his crimes. That its functionaries felt compelled to do so says a lot about our ruling elites. The basic story is this: Jeffrey Epstein is a billionaire financier. He is also a sexual pervert who, until about 12 years ago, preyed serially on teenage children, roughly until they reached the age of consent and became, in his eyes, unattractive. What did authorities do when they found out, back in 2005? They spent a couple of years investigating and drawing up an indictment, then proceeded to quash further investigation, cooperated with Epstein’s lawyers to avoid publicity, violated procedures about plea bargains, made Epstein serve only 13 months in confinement, put him in the county jail rather than state prison ... and concealed most of the terms of the settlement from the public and the victims themselves. Epstein’s enablers weren’t a handful of Palm Beach rogues. Instead, the higher up the chain you went, the more sympathetic to Epstein the players seem to become. Of Epstein’s associates who helped make his crimes possible, none were prosecuted, save one. That was a butler who tried to turn over a so-called “black book” documenting names and dates of Epstein’s escapades to a lawyer for the victims in exchange for $50,000. For this, the butler wound up serving an 18-month sentence, longer than that of his boss.
Note: Epstein's butler feared for his life and ended up dead before he could reveal his secrets. Both Trump and Bill Clinton were good friends of Epstein, as described in this revealing article from Miami's leading newspaper. Learn about how the Miami Herald broke this vitally important story in this article. For more along these lines, see concise summaries of deeply revealing sexual abuse scandal news articles from reliable major media sources.
In the summer of 2012, a subcommittee of the U.S. Senate released a report. [After] looking into the London-based banking group HSBC, [investigators] discovered that ... the bank had laundered billions of dollars for Mexican drug cartels, and violated sanctions. No criminal charges were filed, and no executives or employees were prosecuted. Instead, HSBC pledged to clean up its institutional culture, and to pay a fine of nearly two billion dollars: the equivalent of four weeks’ profit for the bank. In the years since the mortgage crisis of 2008 ... corporate executives have essentially been granted immunity. As recently as 2006, when Enron imploded, such titans as Jeffrey Skilling and Kenneth Lay were convicted of conspiracy and fraud. Something has changed in the past decade, however, and federal prosecutions of white-collar crime are now at a twenty-year low. As Jesse Eisinger, a reporter for ProPublica, explains in a new book ... a financial crisis has traditionally been followed by a legal crackdown, because a market contraction reveals all the wishful accounting and outright fraud that were hidden when the going was good. After the mortgage crisis, people in Washington and on Wall Street expected prosecutions. Eisinger reels off a list of potential candidates for criminal charges: Countrywide, Washington Mutual, Lehman Brothers, Citigroup, A.I.G., Bank of America, Merrill Lynch, Morgan Stanley. Although fines were paid ... there were no indictments, no trials, no jail time.
On Page 5 of a credit card contract used by American Express ... is a clause that most customers probably miss. If cardholders have a problem with their account, American Express explains, the company “may elect to resolve any claim by individual arbitration.” Those nine words are at the center of a far-reaching power play orchestrated by American corporations. By inserting individual arbitration clauses into a soaring number of consumer and employment contracts, companies like American Express devised a way to circumvent the courts and bar people from joining together in class-action lawsuits, realistically the only tool citizens have to fight illegal or deceitful business practices. It has become increasingly difficult to apply for a credit card, use a cellphone, get cable or Internet service, or shop online without agreeing to private arbitration. The same applies to getting a job, renting a car or placing a relative in a nursing home. By banning class actions, companies have essentially disabled consumer challenges to ... predatory lending, wage theft and discrimination. “This is among the most profound shifts in our legal history,” William G. Young, a federal judge ... said in an interview. “Ominously, business has a good chance of opting out of the legal system altogether and misbehaving without reproach.” Thousands of cases brought by single plaintiffs over fraud, wrongful death and rape are now being decided behind closed doors. And the rules of arbitration largely favor companies.
A system intended to speed help to vaccine-injured Americans has instead heaped additional suffering on thousands of families. To investigate vaccine court in depth, the AP read hundreds of decisions, conducted more than 100 interviews, and analyzed a database of more than 14,500 cases. Among the AP's findings: * Prominent attorneys have enlisted expert witnesses whose own work has been widely discredited, including one who treated autism with a potent drug used to chemically castrate serial rapists. Some of the most prominent experts set up nonprofits questioning vaccine safety. Many doctors hired by the government to defend vaccine safety in court have ties to the pharmaceutical industry. * The government fights legitimate claims ... worried that if they concede a vaccine caused harm, the public will react by skipping shots. If government doctors had their way ... 1,600 families would not have gotten more than $1.1 billion in cash and future medical care between the court's opening in 1988 and then end of 2012. * Cases are supposed to be resolved within 240 days. Less than 7 percent of 7,876 claims not involving autism met the 240-day target. Most non-autism cases take at least two and a half years. Hundreds have surpassed the decade mark. Several people died before getting any money. "The system is not working," said Richard Topping, a former U.S. Department of Justice attorney who handled vaccine injury claims but resigned after concluding his bosses had no desire to fix the major flaws he saw.
Note: Read the entire article to see how the vaccine court is deeply flawed in may ways. Then read an article showing how the government removed data from it's website which showed an increase in court victories by those claiming harm from vaccines. For more along these lines, see concise summaries of deeply revealing vaccine news articles from reliable major media sources. See also the excellent, reliable resources provided in our Health Information Center.
The US is the world's largest prison state, imprisoning more of its citizens than any nation on earth, both in absolute numbers and proportionally. It imprisons people for longer periods of time, more mercilessly, and for more trivial transgressions than any nation in the west. This sprawling penal state has been constructed over decades, by both political parties, and it punishes the poor and racial minorities at overwhelmingly disproportionate rates. But not everyone is subjected to that system of penal harshness. It all changes radically when the nation's most powerful actors are caught breaking the law. With few exceptions, they are gifted not merely with leniency, but full-scale immunity from criminal punishment. Thus have the most egregious crimes of the last decade been fully shielded from prosecution when committed by those with the greatest political and economic power: the construction of a worldwide torture regime, spying on Americans' communications without the warrants required by criminal law by government agencies and the telecom industry, an aggressive war launched on false pretenses, and massive, systemic financial fraud in the banking and credit industry that triggered the 2008 financial crisis. This two-tiered justice system was the subject of [the] book, With Liberty and Justice for Some. On Tuesday, not only did the US Justice Department announce that HSBC would not be criminally prosecuted, but outright claimed that the reason is that they are too important, too instrumental to subject them to such disruptions.
Note: For deeply revealing reports from reliable major media sources on government corruption, click here.
The Supreme Court on [February 22] shielded the nation's vaccine makers from being sued by parents who say their children suffered severe side effects from the drugs. By a 6-2 vote, the court upheld a federal law that offers compensation to these victims but closes the courthouse door to lawsuits. Justice Antonin Scalia said the high court majority agreed with Congress that these side effects were "unavoidable" when a vaccine is given to millions of children. If the drug makers could be sued and forced to pay huge claims for devastating injuries, the vaccine industry could be wiped out, he said. The American Academy of Pediatrics applauded the decision. The ruling was a defeat for the parents of Hannah Bruesewitz, who as a child was given a standard vaccination for diphtheria, tetanus and pertussis. She later suffered a series of seizures and delayed development. Her parents sought compensation for her injuries, but their claim was turned down. They then sued the drug maker in a Pennsylvania court, contending that the vaccine was defectively designed. A judge and the U.S. Court of Appeals in Philadelphia ruled they were barred from suing, and the Supreme Court affirmed that judgment.
Note: For powerful evidence that childhood vaccines are much less effective than is generally believed, click here.
Five robed radicals on the Supreme Court have pushed money-infused politics in the wrong direction by overturning a century's worth of campaign spending laws. Voters should prepare for the worst: cash-drenched elections presided over by free-spending corporations. The 5-to-4 ... majority's thinking is based on absolutist vision of free speech and belief that corporations and unions have the same constitutional protections as individuals when it comes to basic rights. This viewpoint is "a rejection of the common sense of the American people," said Justice John Paul Stevens, who read his angry dissent out loud. Corporations "are not themselves members of 'We the People,' by whom and for whom our Constitution was established." It's hard to overstate the legal sweep of the decision. It rejects two recent court rulings, one that barred corporations and unions from dipping into their treasuries to pay for candidate ads and the second that restricted these so-called independent expenditure efforts. The five-member majority didn't just blaze new ground; it torched the court's own past record. In practical terms, the decision amounts to a political earthquake. Big-money issues such as health care, cap-and-trade pollution controls and Wall Street regulations will drive attack ads against politicians who refuse to do the bidding of particular special interests.
Note: To join the over 40,000 who have already signed a petition to stop corporations from have legal personhood status in elections, click here. For more deep insights into the flaws in the US electoral system, click here. To read about the wonderful defender of elections free from corporate influence, Granny D, who recently passed away at the age of 100, click here.
A federal appeals court yesterday backed the president's power to indefinitely detain a U.S. citizen captured on U.S. soil without any criminal charges, holding that such authority is vital during wartime to protect the nation from terrorist attacks. The ruling, by the U.S. Court of Appeals for the 4th Circuit, came in the case of Jose Padilla, a former gang member and U.S. citizen arrested in Chicago in 2002 and a month later designated an "enemy combatant" by President Bush. Padilla has been held without trial in a U.S. naval brig for more than three years, and his case has ignited a fierce battle over the balance between civil liberties and the government's power to fight terrorism since the Sept. 11, 2001, attacks. A host of civil liberties groups and former attorney general Janet Reno weighed in on Padilla's behalf, calling his detention illegal and arguing that the president does not have unchecked power to lock up U.S. citizens indefinitely. In its ruling yesterday, the three-judge panel overturned a lower court. Avidan Cover, a senior associate at Human Rights First, said the ruling "really flies in the face of our understanding of what rights American citizens are entitled to." Opponents have warned that if not constrained by the courts, Padilla's detention could lead to the military being allowed to hold anyone who, for example, checks out what the government considers the wrong kind of reading materials from the library.
Note: For many disturbing reports from major media sources on government threats to civil liberties, click here.
A man whose bid to become a police officer was rejected after he scored too high on an intelligence test has lost an appeal in his federal lawsuit against the city. The 2nd U.S. Circuit Court of Appeals in New York upheld a lower court’s decision that the city did not discriminate against Robert Jordan because the same standards were applied to everyone who took the test. “This kind of puts an official face on discrimination in America against people of a certain class,” Jordan said today from his Waterford home. “I maintain you have no more control over your basic intelligence than your eye color or your gender or anything else.” Jordan, a 49-year-old college graduate, took the exam in 1996 and scored 33 points, the equivalent of an IQ of 125. But New London police interviewed only candidates who scored 20 to 27, on the theory that those who scored too high could get bored with police work and leave soon after undergoing costly training. The average score nationally for police officers is 21 to 22, the equivalent of an IQ of 104, or just a little above average. Jordan alleged his rejection from the police force was discrimination. He sued the city, saying his civil rights were violated because he was denied equal protection under the law. But the U.S. District Court found that New London had “shown a rational basis for the policy.” In a ruling dated Aug. 23, the 2nd Circuit agreed. The court said the policy might be unwise but was a rational way to reduce job turnover. Jordan has worked as a prison guard since he took the test.
California law enforcement pursued criminal charges against eight anti-fascist activists who were stabbed or beaten at a neo-Nazi rally while failing to prosecute anyone for the knife attacks against them. In addition to the decision not to charge white supremacists or others for stabbings at a far-right rally that left people with critical wounds, police also investigated 100 anti-fascist counter-protesters, recommending more than 500 total criminal charges against them, according to court filings. Meanwhile, for men investigated on the neo-Nazi side of a June 2016 brawl ... police recommended only five mostly minor charges. The documents have raised fresh questions about California police agencies’ handling of rightwing violence and extremism, renewing accusations that law enforcement officials have shielded neo-Nazis from prosecution while aggressively pursuing demonstrators with leftwing and anti-racist political views. The Guardian previously interviewed two victims who were injured, then pursued by police – Cedric O’Bannon, a black journalist and stabbing victim who ultimately was not charged, and Yvette Felarca, a well-known Berkeley activist whose case is moving forward. Previous records also revealed that police had worked with the neo-Nazi groups to target the anti-racist activists. The records disclosed this week provided new details about six other stabbing and beating victims who were treated as suspects by police after the rally ... which was organized by a neo-Nazi group.
Last Wednesday, The Miami Herald published a blockbuster multipart exposé about how the justice system failed the victims of Jeffrey Epstein, a rich, politically connected financier who appears to have abused underage girls on a near-industrial scale. The investigation, more than a year in the making, described Epstein as running a sort of child molestation pyramid scheme, in which girls — some in middle school — would be recruited to give Epstein “massages” ... pressured into sex acts, then coerced into bringing him yet more girls. What’s shocking is ... the way he was able to use his money to escape serious consequences, thanks in part to [Alexander] Acosta, then Miami’s top federal prosecutor. Acosta took extraordinary measures to let Epstein — and, crucially, other unnamed people — off the hook. The labor secretary, whose purview includes combating human trafficking, has done nothing so far to rebut The Herald’s reporting. In 2007, Epstein was facing a federal indictment that could have put him away for the rest of his life. In a deal with one of Epstein’s attorneys, however, Acosta, a rising star in Republican circles, [let] Epstein plead guilty to two felony prostitution charges in state court. Not only would Epstein serve just 13 months in the county jail, but the deal ... essentially shut down an ongoing F.B.I. probe into whether there were more victims and other powerful people who took part in Epstein’s sex crimes. It was ... one of the most lenient deals for a serial child sex offender in history.
Note: Read a great interview with Julie Brown, the intrepid reporter who broke the Epstein case. For more along these lines, see concise summaries of deeply revealing news articles on Jeffrey Epstein from reliable major media sources. Watch an excellent segment by Australia's "60-Minutes" team "Spies, Lords and Predators" on a pedophile ring in the UK which leads directly to the highest levels of government. A second suppressed documentary, "Conspiracy of Silence," goes even deeper into this topic in the US.
Crystal Mason, the woman who became the poster child for voter suppression when she was sentenced to five years for casting a ballot in Texas, has gone into federal prison. Mason’s crime was to cast a ballot in the 2016 presidential election. An African American woman, she had been encouraged by her mother to do her civic duty and vote. When she turned up to the polling station her name was not on the register, so she cast a provisional ballot that was never counted. She did not read the small print of the form that said that anyone who has been convicted of a felony – as she had, having previously been convicted of tax fraud – was prohibited from voting under Texas law. For casting a vote that was not counted, she will now serve 10 months in the federal system. While locked up it is likely that her final appeals in state court will be exhausted, which means she could be passed at the end of the 10 months directly to state custody for a further five years. Her lawyer, Alison Grinter, said she was dismayed to see Mason ripped from her family. “This is an act of voter intimidation, not the will of a free people.” Grinter added: Texas ... has one of the most strict voter ID laws in the country. Fort Worth ... has been particularly hardline, not only prosecuting Mason but also going after a Hispanic woman, Rosa Ortega, for mistakenly voting as a non-US citizen. Ortega, 37, who had permanent resident status in the US having come to the country as an infant, was sentenced to eight years in prison to be followed by deportation.
The Justice Department was caught in another high-profile travesty last month. On Dec. 20, federal judge Gloria Navarro declared a mistrial in the case against Nevada rancher Cliven Bundy and others after prosecutors were caught withholding massive amounts of evidence undermining federal charges. Bundy, a 71-year old Nevadan rancher, and his sons and supporters were involved in an armed standoff with the Bureau of Land Management (BLM) ... stemming from decades of unpaid cattle grazing fees and restrictions. The Bundys have long claimed the feds were on a vendetta against them, and 3,300 pages of documents the Justice Department wrongfully concealed from their lawyers provides smoking guns that buttress their case. A whistleblowing memo by BLM chief investigator Larry Wooten charges that BLM chose "the most intrusive, oppressive, large scale and militaristic trespass cattle (seizure) possible" against Bundy. The feds charged the Bundys with conspiracy in large part because the ranchers summoned militia to defend them after they claimed that FBI snipers had surrounded their ranch. Justice Department lawyers scoffed at this claim in prior trials ... but newly-released documents confirm that snipers were in place prior to the Bundy’s call for help. The feds also belatedly turned over multiple threat assessments which revealed that the Bundys were not violent or dangerous, including an FBI analysis that concluded that BLM was "trying to provoke a conflict" with the Bundys.
When she was a scrawny 11-year-old, Sherry Johnson found out one day that she was about to be married to a 20-year-old member of her church who had raped her. She had become pregnant, she says, and child welfare authorities were investigating - so her family and church officials decided the simplest way to avoid a messy criminal case was to organize a wedding. Today she is ... part of a nationwide movement to end child marriage in America. Meanwhile, children 16 and under are still being married in Florida at a rate of one every few days. In fact, more than 167,000 young people age 17 and under married in 38 states between 2000 and 2010. Among the states with the highest rates of child marriages were Arkansas, Idaho and Kentucky. The number of child marriages has been falling, but every state in America still allows underage girls to marry, typically with the consent of parents, a judge or both. Twenty-seven states do not even set a minimum age by statute. A great majority of the child marriages involve girls and adult men. Such a sexual relationship would often violate statutory rape laws, but marriage sometimes makes it legal. Johnson ... says that her family attended a conservative Pentecostal church and that other girls of a similar age periodically also married. Often, she says, this was to hide rapes by church elders. She says she was raped by both a minister and a parishioner. A judge approved the marriage to end the rape investigation, she says, telling her, “What we want is for you to get married.”
Note: For more along these lines, see concise summaries of deeply revealing sexual abuse scandal news articles from reliable major media sources.
The pervasive influence of corporate cash in the democratic process, and the extraordinary lengths to which politicians, lobbyists and even judges go to solicit money, are laid bare in sealed court documents leaked to the Guardian. The John Doe files amount to 1,500 pages of largely unseen material gathered in evidence by prosecutors investigating alleged irregularities in political fundraising. Last year the Wisconsin supreme court ordered that all the documents should be destroyed, though a set survived that has now been obtained by the news organisation. The files open a window on a world that is very rarely glimpsed by the public, in which millions of dollars are secretly donated by major corporations and super-wealthy individuals to third-party groups in an attempt to sway elections. Five Wisconsin prosecutors carried out a deep investigation into what they suspected were criminal campaign-finance violations by the campaign committee of Scott Walker, Wisconsin governor. In 2015, Justice Prosser refused to recuse himself from a case in which the state supreme court sat in judgment over the John Doe investigation, despite the fact that the investigation focused on precisely the same network of lobbying groups and donors that had helped him hang onto his seat. The judge joined a majority of four conservative justices who voted to terminate the investigation and destroy all the documents now leaked to the Guardian.
Like a lot of other Americans, Sen. Elizabeth Warren wants to know why the Department of Justice hasn’t criminally prosecuted any of the major players responsible for the 2008 financial crisis. On Thursday, Warren released two highly provocative letters demanding some explanations. One is to DOJ Inspector General Michael Horowitz, requesting a review of how federal law enforcement managed to whiff on all 11 substantive criminal referrals submitted by the Financial Crisis Inquiry Commission (FCIC), a panel set up to examine the causes of the 2008 meltdown. The other is to FBI Director James Comey, asking him to release all FBI investigations and deliberations related to those referrals. The FCIC’s criminal referrals ... have never been made public. But Warren’s staff reviewed thousands of other documents released in March ... and found descriptions and records of them. They detail potential violations of securities laws by 14 different financial institutions: most of America’s largest banks. And the FCIC named names, specifying nine top-level executives who should be investigated on criminal charges: CEO Daniel Mudd and CFO Stephen Swad of Fannie Mae; CEO Martin Sullivan and CFO Stephen Bensinger of AIG; CEO Stan O’Neal and CFO Jeffrey Edwards of Merrill Lynch; and CEO Chuck Prince, CFO Gary Crittenden, and Board Chairman Robert Rubin of Citigroup. None of the 14 financial firms listed in the referrals were criminally indicted or brought to trial, Warren writes. Only five of the 14 even paid fines.
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