Courtesy of Pam Martens.
The Washington Post is reporting this afternoon that Lanny Breuer, head of the Criminal Division of the U.S. Department of Justice and the focus of a damaging report by producer Martin Smith for the PBS program, Frontline, that aired last evening, is stepping down from his post.
The portion of the program that likely garvanized the White House was the startling report by prosecutors that had worked under Breuer in the criminal division of the DOJ that there wasn’t even a pretense of a real investigation against the major Wall Street firms: no subpoenas, no document reviews, no wiretaps.
Following is the verbatim transcript of that portion of the program:
NARRATOR: Frontline spoke to two former high-level Justice Department prosecutors who served in the Criminal Division under Lanny Breuer. In their opinion, Breuer was overly fearful of losing.
MARTIN SMITH: We spoke to a couple of sources from within the Criminal Division, and they reported that when it came to Wall Street, there were no investigations going on. There were no subpoenas, no document reviews, no wiretaps.
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