Tuesday, July 15, 2008

Duke’s attorney Gorelick's ties to Fannie Mae and more

Northwestern University Law professor Jim Lindgren blogging at Volokh Conspiracy takes a critical look at former Clinton administration deputy attorney Jamie Gorelick’s service as Vice Chairman at Fannie Mae from 1997 to 2003 as well as other matters. He ends with a link to DIW which has reported on Gorelick's role as an attorney for the Duke Defendants.

Lindgren begins - - -

In reading this article about Crony Capitalism at Fannie Mae (tip to Instapundit), I noticed that Jamie Gorelick was one of the Fannie executives who benefited from inflated bonuses based on Enron-style accounting. She was Vice Chairman of Fannie Mae from 1997 to 2003 (Fannie’s fraudulent accounting scheme was made public in 2004).

This is the same Jamie Gorelick who was Deputy Attorney General in the mid 1990s and was reported to have been the author of the Clinton Administration’s WALL against sharing intelligence data between foreign and domestic agencies. Without the policies instituted by Gorelick still in place in 2001, officials might have learned more about the 9/11 attacks before the planes hit the buildings. . . .

Lindgren’s entire post is here. Be sure to read the thread. Some commenters are very critical of Lindgren but he comes back on the thread twice to defend his post and other commenters help make his case.


Anonymous said...

Gorelick is corrupt. Pure and simple. It was clear to me and my colleagues who had to deal with her when she was in the Pentagon, and it became even clearer later when she became deputy AG and promulgated her treacherous "wall" between intelligence agencies, limiting the exchange of information and thus leading to the chink in our armor that was exploited by the 9/11 murderers. If there were any justice in the world, she would have been aboard one of those planes.
Tarheel Hawkeye

Archer05 said...

It seems to me that Jamie Gorelick is just the perfect attorney for Duke. Her history of bungling almost everything she touches is common knowledge. It is reassuring to me that our team is certainly more competent. What’s in a name? In Gorelick’s case, not much.

Anonymous said...

Spot on. Lovely links. Reminds me of one dry season spent on the flood plain of the Orinoco River. The howler monkeys were a sight to behold, a sound never to be forgotten, and reminiscent of the Gorelick apologists at Volkh. How do you suppose they got the name howler? But fair is fair, there is enough guilt to go around. Should we be restrictive, or pause and give credit where credit is due?

zonga said...

Today, he told the country the financial system is basically sound, which it is not (the banking system is insolvent.) He also said: "I don't think the government ought to be involved in bailing out companies." Is that clear enough?

But then the AP reports that he "urged lawmakers to quickly enact legislation to prop up mortgage giants Fannie Mae and Freddie Mac."

Can a man live with utter contradictions like that and maintain his sanity?


Anonymous said...

I guess that Gorelick doesn't have enough to do (or figures that the lax cases will be settled in her client's favor extremely soon). She has a piece in today's NY Times(with Slade Gordon) calling for the incoming president's team (of which, reading between the lines she expects to be a member)to have full access and consulting powers with the outgoing presidential team. Given her ties to the Fannie Mae debacle and her stint in the Justice Department which resulted in the inability of the CIA and FBI to share info on terrorist activities, I guess we are to presume that she desires an even greater role in causing the demise of this country. Amazing!