The corporate media is sure to feed that warm, fuzzy feeling in starry eyed liberals with the news of Obama’s attorney general nominee (Black, female Loretta Lynch) and tails of her pastor grandfather who “devised his own version of the Underground Railroad in the 1930s...(to) (help) people flee to the north to escape persecution under the Jim Crow laws...” and her prosecution of “political corruption” and “New York City police officers.” That will be the story line, and Republicans will make token objections to her nomination. This should pacify the liberal and conservative bases of both parties, respectively. The REAL story however, is another high finance, international banker, insider will be appointed as chief prosecutor to keep an eye on corrupt money lenders. Just another day as usual for the permanent, behind the scenes, Wall Street Party. “...Lynchs first legal job was as a litigation associate for Cahill Gordon & Reindel...a prominent New York-based international law firm with offices in New York, Washington, D.C. and London. According to The American Lawyer, Cahill is consistently among the most profitable law firms in the world... Renowned for its corporate finance practice and work in high stakes lawsuits... handling bankruptcies, reorganizations, regulatory matters, high-profile securities, antitrust and first amendment litigation... On September 9, 2009, on behalf of Cahill, Floyd Abrams argued before the Supreme Court on behalf of Senator Mitch McConnell in the highly publicized re-argument ordered by the Court on the constitutionality of McCain-Feingold, defending the rights of corporations and unions to donate unlimited amounts of money to political allies in Citizens United v. Federal Election Commission... Cahills corporate practice has assisted in the development of numerous financial products and services. This firm is prominent in the US capital markets, the Euromarket and bank lending market, often advising the investment and commercial banks in their roles as underwriters, initial purchasers, arrangers, agents and dealer managers. It was Cahill that represented the financing sources in many of Wall Streets historic buyouts, beginning with the leveraged buyout of RJR Nabisco in 1989, up through the mega-buyouts of TXU, Hospital Corporation of America, Kinder Morgan, Harrah’s, Alltel, First Data and Clear Channel in the 2006 and 2007 LBO boom, where the largest buyout records were set. Cahill is also active in the equity markets, especially as underwriters counsel. They advised the underwriters in the IPO of Ally Financial, represented the underwriters in the IPO of hospital-operator HCA Holdings, which is reported to be the largest ever private equity-backed IPO on a US exchange represented JPMorgan, Morgan Stanley and the other underwriters in the IPO of media measurement group Nielsen Company, which raised $1.6 billion and represented the underwriters in the IPO of Caesars Entertainment Corporation. ...Cahill advises Bank of America, Merrill Lynch, Barclays, Citigroup, Credit Suisse, Deutsche Bank, JPMorgan, UBS, and Wells Fargo as underwriters in debt and equity offerings, including IPOs, and as arrangers in leveraged loans. Bloomberg L.P. and Thomson Reuters consistently rank Cahill as the number one legal advisor to U.S. and Euromarket high yield bond underwriters in their legal league tables, and rank the firm among the most active law firms representing underwriters in other debt and equity categories. Reuters Loan Pricing Corp. ranks Cahill among the leading law firms representing bank lenders in the U.S. leveraged loan market... In 2001, Lynch...become a partner at Hogan & Hartson (later Hogan Lovells)... (with) around 2,500 lawyers working out of more than 40 offices in the United States, Europe, Latin America, the Middle East, and Asia...the eleventh largest law firm in the world by revenues, earning around US$1.8bn (£1.1bn)... (specializing) in ‘government regulatory, litigation and arbitration, corporate, finance, and intellectual property’... In 1988, Lovell, White & King, which by then had a large international commercial practice, merged with Durrant Piesse, known, in particular, for its specialism in banking and financial services... In the early 2000s Lovells invested strongly in China, expanding is office in Beijing and opening an office in Shanghai becoming the second largest foreign firm in China... opening of the firms Madrid office in 2004... 2007, Lovells opened an office in Dubai, offering legal services to corporations, financial institutions... 2009 opened an office in Hanoi... opened an associated office in Riyadh... a London-based international law firm with over 300 partners and around 3,150 employees operating from 26 offices in Europe, Asia and the United States... presence in the Polish capital... 120 lawyers in the Johannesburg office... (Lynch)...was a member of the board of the Federal Reserve Bank of New York.[8] She remained there until January 20, 2010, when President Barack Obama nominated Lynch to again serve as United States Attorney for the Eastern District of New York.[5][9] During her first term as U.S. Attorney, Lynch oversaw prosecution of the New York City police officers...” en.wikipedia.org/wiki/Loretta_Lynch en.wikipedia.org/wiki/Hogan_Lovells en.wikipedia.org/wiki/Cahill_Gordon_%26_Reindel
Posted on: Sat, 08 Nov 2014 14:23:48 +0000
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