Skip to comments.(Jamie) Gorelick's new challenge: Backing BP
Posted on 06/17/2010 2:19:48 AM PDT by maggief
When BP executives filed into the West Wing on Wednesday morning to meet with President Barack Obama, they were joined by at least one familiar Washington hand: former Clinton administration Deputy Attorney General Jamie Gorelick, who signed on earlier this month to represent BP in congressional inquiries linked to the massive oil disaster in the Gulf of Mexico.
As one of the top lawyers in Washington and a former Justice Department official, it is no surprise that BP tapped Gorelick and her prominent law firm, WilmerHale, to do the nearly impossible: defend it against a deluge of legislative inquiries into the oil disaster.
And her role is not very different from the one played by another prominent Democrat, former White House counsel Greg Craig, who is now representing Goldman Sachs which until the oil spill was Washingtons favorite corporate pariah.
Still, Gorelick could easily have been on the other side of the table as one of the Obama administrations key players. Her role in the Clinton administration and her later service as a member of the 9/11 Commission made her a logical choice for deputy attorney general.
After leaving the Justice Department, Gorelick served for six years as vice chairwoman of Fannie Mae and got caught up in the mortgage agencys accounting controversy. In 2005, two years after Gorelick left Fannie Mae, a federal investigation into the public-private mortgage company found that accountants had falsified signatures to erase $9 billion in losses from the books. Eliminating those losses resulted in Gorelick and four other Fannie Mae executives taking away six- and seven-figure bonuses in 1998.
The federal investigation found that Gorelick was paid more than $25 million during her time at Fannie, ...
(Excerpt) Read more at politico.com ...
Assembling the Team
During 2000 and 2001, the Joyce Foundation, a progressive trust with assets near $1 billion, known for funding groups like Center for American Progress and Tides Foundation, provided grants to CCX totaling $1.1 million. State Senator Obama served on the foundations board of directors during that time and was instrumental in awarding the grants.
Shortly after the first grant was approved, the president of The Joyce Foundation, Paula DiPerna, left to join the executive team of CCX. Other notables with familiar names soon followed.
Former Vice-President Al Gore became part-owner of CCX when his company, Generation Investment Management, made a sizeable investment. Gore brought with him his senior partner at GIM, David Blood, former CEO of Goldman Sachs Asset Management, along with a company chalk full of former Goldman Sachs executives
Goldman Sachs itself soon joined the team buying a ten percent interest in CCX
Maurice Strong, once linked to Tongsun Park, the central figure in the United Nations oil-for-food scandal in 2005 and one of the architects of the Kyoto Protocol, joined the CCX board of directors
Carlton Bartels was one of the first, and perhaps most important, additions to the CCX roster. As CEO of a company called CO2e, Bartels developed and delivered the actual guts of the exchange a system for facilitating and managing the actual carbon trades
Just three weeks after filing for a patent for his carbon trade system, Bartels was killed during the attacks of 9/11. Bartels death opened the door for a new partner to join CCX, easily the oddest fit of them all: Fannie Mae. In a move still unexplained, the quasi-governmental mortgage agency, led by CEO Franklin Raines, purchased the rights to the system from Bartels widow. A patent on the invention was granted to Raines and Fannie Mae on November 7, 2006, ironically, the day after the Democrats regained control of Congress. According to Barbara Hollingsworth of the Washington Examiner, the patent covers both the cap and trade parts of Obamas top domestic energy initiative and gives Fannie Mae proprietary control over the automated trading system used by Sandors CCX.
When asked about the patent recently Fannie Mae communications director Amy Bonitatibus told the Washington Examiner, Fannie Mae earns no money on this patent. We cant conjecture as to the cap-and-trade legislation. A source close to Fannie Mae, however, says a plan is in place to funnel future earnings from the patent to a non-profit housing organization called Enterprise Community Partners. Ironically, Raines, who left Fannie Mae in 2004 amidst allegations that he inflated earnings reports in order to collect higher bonuses ($52 million in bonuses over 5-years; $90 million in total compensation), serves on the board of trustees at Enterprise. In a continuation of theme, Goldman Sachs also has a representative on the board in the person of Alicia Glen.
Just three weeks after filing for a patent for his carbon trade system, Bartels was killed during the attacks of 9/11.
Guess whos been involved intimately with Fannie Mae? Does the name Jamie Gorelick ring a bell?
This woman is everywhere, and
Jamie Gorelick got a 26 million payout when she left the place.
Jamie Gorelicks Cloudy Memory (mega clintonista wall gag alert)
American Thinker ^ | 7-29-08 | Ed Lasky
Fitting the Pieces TogetherAble Danger, Jamie Gorelick & 9/11
The Strata-Sphere ^ | August 9, 2005 | Bronc1
More on Mrs. Gorelick....
Her law firm buddy, his job, and her being on the board with a firm working on Carbon Sequestering is such a co-wink-a-dink..
Jamie Gorelick Authored Conflict of Interest Booklet
Posted on Saturday, April 17, 2004
In 1989, Jamie Gorelick authored a 21 page booklet for The American Bar Association titled: Conflicts of Interest in a Changing Legal Environment : Traps for the Unwary.
Also in 1989, she co-authored Destruction of Evidence with Stephen Marzen and Lawrence Solum. Published in New York: Wiley Law Publications, Description: xxvii, 516 p. ; 27 cm. Series: Trial practice library.
And again in 1989, she authored a 26 pages booklet for The American Bar Association titled: Structuring the Internal Investigation When a Corporation is Faced With Parallel Civil, Criminal and Administrative Proceedings.
In 1988, for The American Bar Association, she authored a 41 page booklet: Effective Representation of the Corporation, Its Directors, Officers, and Employees in Grand Jury and Agency Investigations.
In 1987, she co-authored a two volume book with Roger C Spaeder & Cono R Namorato: Federal Enforcement 1987 : Representing Corporations, Their Officers, Directors and Employees, April 2-3, 1987, Loews LEnfant Plaza Hotel, Washington, D.C.: program materials. Published by The Center, Washington, D.C.
Then, in 2001, the Department of Justice published a volume of her addresses as Assistant Attorney General.
LEGAL Black Can’t Call Back W ...
Washington Post, The (DC) - Thursday, June 7, 2007
BP America hired Jamie Gorelick , a deputy attorney general in the Clinton administration, to help it respond to a House Energy and Commerce Committee inquiry, according to a federal disclosure form. One incident the committee is probing is an oil spill tied to BP ‘s Alaska operations.
Gorelick , who served on the commission that investigated the Sept. 11, 2001, terrorist attacks, is a District-based attorney with the law firm WilmerHale, which was hired by London-based BP .
Fort Worth Star-Telegram (TX) - Friday, June 8, 2007
WHAT YOU NEED TO KNOW
4 BP Plc. hired Jamie Gorelick , a former official in the Clinton administration, to advise the company on inquiries from lawmakers, U.S. Senate records show.
As far as i know she never had to pay back a dime on her ill gotten Fannie pay. Must be nice to know the dirt on prominent people.
Her job is not to defend BP but to collude with the government.
BP was founder of Cap & Trade Lobby and is linked to John Podesta, The Apollo alliance and Obama
Washington Examiner ^ | June 15, 2010 | Tim Carney
I despise this person. Why is she still around?
What a total bunch of f**ups.
Whores don’t give a $h!t who they f*** or suck .. it’s all the same to a scum bag.
Why that woman isn’t in prison for enabling 9/11 is beyond the reason of ANY American patriot.
You’re up early...
Folks, I am getting a nagging suspicion that this is all kabuki theater.
The $ 20 billion slush fund is just the beginning.
We have an entire Administration in DC run by Chicag thugs.
They are Looters. Their job is to loot.
So far, corporate “titans” have been all too eager to roll over and play ball.
Don’t lose sight of the fact that the real outrage here is not the spill,IT IS THE PURPOSEFUL LACK OF RESPONSE BY OUR OWN GOVERNMENT.
Even Ray Charles culd see that there would be a looming environmental disaster within days of the blowout.
What has Obama accomplished? A slush fund is established. And you don’t think this money is NOT going to get diverted from the people who need it?
Obama and his gangsta crew still are not physically solving the problem at the shorelines, by marshalling resources and directing efforts. No, he drops in, eats a snow cone, and leaves. Sixty days in, they are still “considering” offers of help from other nations—help that should have been here 45 days ago.
It is all about the money and establishing how the villain is established and is made to pay the piper.
That is all these thugs have accomplished.
It is time for America to remove Obama and his thugocracy.
Good to know!
This is funny. She’s a spy.
"We are safe. The evidence has been destroyed. The Gorelick way.
BPs and DNCs own Jamie Gorelick will handle the destruction of all evidence
The cheeky American public will never know about our payoffs to Obama,
or the money British Petroleum pumped into Obama's 2008 presidential campaign,
or our ties to the White House
or Rahm Emanuels other connections to us.
Why isn’t she in jail?
This is not about defending BP for Gorelick. It’s not Gorelick (the consummate Clintonesta) vs. Obama. This is about diving the spoils. Money to be made but not through hard work. Blago-type money. Chicago Way.
Where Gorelick has gone financially in her history, its investors and taxpayer who pay for a few trading-on infleunce politicians to profit big time. I think that what we saw yesterday was a upscale version of some type of money laundering. More slush funds, more power and money...but for the power brokers themselves.
Talk about putting a Fox in the hen house.
There will be justice....someday.
I ain't feeding the tit. Plus, the benefits are many: Disrupting British/Kenyan-American relations, getting the oldsters who rely on BP profits REALLY AGITATED, Starving The Monkeys who were drooling at the thought of a $20 billion payday.