SO THE BUREAUCRACY IS LOOKING PRETTY CORRUPT THESE DAYS: Top IRS ethics lawyer facing possible disbarment, accused of lying: Accused of misusing funds from personal injury case settlement.
August 27, 2014
August 26, 2014
BRYAN PRESTON: Trolling the Wackos at Jezebel Yields Expected Result.
THE COUNTRY’S IN THE VERY BEST OF HANDS: Former HHS Cyber Security Director Convicted For Child Porn. “In addition to viewing and soliciting child pornography, reportedly asking another member of the site whether he’d share pictures of his son, he suggested meeting a fellow pedophile in person to violently rape and murder children together.”
SOUNDS LIKE PEOPLE SHOULD BE HANGING FROM LAMPPOSTS: Britain: Revealed: How fear of being seen as racist stopped social workers saving up to 1,400 children from sexual exploitation at the hands of Asian men in just one town. “In two cases, fathers had tracked down their daughters and tried to remove them from houses where they were being abused – only to be arrested themselves when police were called to the scene. . . . No council employees will face disciplinary action in a town where 1,400 children suffered sexual exploitation in a 16-year period, the local authority’s chief executive has said.”
WELL, AS A LAWYER WITH GUNS I GUESS I’LL DO OKAY EITHER WAY: Kurt Schlichter: Rejecting The Rule Of Law Means Inviting The Rule Of Guns.
21ST CENTURY RELATIONSHIPS: Rape conviction statistics won’t improve ‘until women stop getting drunk’, says retired female judge.
STEVEN HAYWARD: “Perlstein’s latest massive book has been generating more buzz than a turbine with bad ball bearings, with even some conservatives who ought to know better praising this malignant hit piece.”
STICK A FORK IN YOUR NEWSPAPER:
Print newspapers are going to die; at this point they’re living off coupons, on the print side, and old people, on the readership side. Newspaper circulation has fallen only a little bit among readers older than 65, but it has started low and fallen lower among the under-35 demographic. It doesn’t seem reasonable at this point to believe that those folks will ever pick up the newspaper habit. So as the readers die, and the advertising fades, the newspapers, too, will die one by one. The magazines, which already look anorexic compared with their earlier ad-stuffed selves, will undoubtedly follow.
According to one survey, not only have race relations in America worsened since 2009 when they improved greatly in the immediate wake of the election of the nation’s first African-American president, an eventuality which was to be expected, they are generally worse than in 2007 when George W. Bush (a man who we were told by figures of influence “doesn’t care about black people”) occupied the Oval Office.
The Washington Post’s Aaron Blake noted that a recent Pew Research Center poll indicates that faith among African-Americans in law enforcement to act fairly has plummeted. In 2007, only 31 percent of black respondents had “very little” faith in local police. Today, 46 percent said the same.
The survey also shows that 64 percent of African-Americans believe blacks and whites “get along very well” or “pretty well” today. In 2007, that figure was 69 percent rising to 76 percent in 2009. Pew’s latest results represent a 12 point shift backwards.
Everything he touches. . . .
A THOUSAND SCIENCE FICTION PLOTLINES SCREAMED IN HORROR: Radical New Theory Could Kill the Multiverse Hypothesis.
SPYING: NSA built “Google-like” interface to scan 850+ billion metadata records. “According to newly published documents, the National Security Agency has built a ‘Google-like’ search interface for its vast database of metadata, and the agency shares it with dozens of other American intelligence agencies. . . . The new search tool, called ICREACH, is described in an internal NSA presentation as a ‘large scale expansion of communications metadata shared with [intelligence community] partners.’ That same presentation shows that ICREACH has been operational since the pilot launched in May 2007. Not only is data being shared to more agencies, but there are more types of such data being shared—ICREACH searches over 850 billion records.”
IS THERE A BETTER SOLUTION FOR SURPLUS MILITARY GEAR?
UPDATE: I say let’s not give them any more until they can take better care of what they’ve got. “184 state and local police departments have been suspended from the Pentagon’s “1033 program” for missing weapons or failure to comply with other guidelines. We uncovered a pattern of missing M14 and M16 assault rifles across the country, as well as instances of missing .45-caliber pistols, shotguns and 2 cases of missing Humvee vehicles.”
ANTI-SEMITISM IN THE IVY LEAGUE: Episcopal chaplain at Yale: Jews are to blame for anti-Semitism for not making peace with genocidal enemy. “Next on Rev. Shipman’s bucket list: blaming women who dress provocatively for rape, blaming blacks for racism because of high crime rates, and blaming gays for homophobia for being ‘flamboyant.’ If Rev. Shipman had made analogous comments about any other ‘ism,’ he’d be out of a job. And if it were any group but Jews, their student organization would be occupying his office and demanding it.”
He won’t be occupied because those occupations are in service to the academic establishment, and the establishment is on his side. Take note.
Plus, today only at Amazon: Up to 40% Off “Watch Dogs” for PlayStation 4, Xbox One, and PC.
And, also today only: $62.99 Stuhrling Original Men’s Chronograph Watches.
IT WAS AN ENGINEERED SORT OF MADNESS, I THINK: Victor Davis Hanson: The Madness of 2008.
Related: Lost in America. “It’s about fear. It’s about impotence. We can’t calm the world in the way we’d like to, can’t find common ground and peace at home, can’t pass needed laws, can’t build necessary infrastructure, can’t, can’t, can’t.” Fundamentally transformed.
BUY A GUN: New York: Thugs rough-up Jewish couple, drive off flying Palestinian flags. A coordinated assault, on the Upper East Side.
MEGAN MCARDLE: Fareed Zakaria And The Mysteries Of Plagiarism.
Journalism has only a few “capital crimes” — offenses where a single instance can kill your career. In fact, plagiarizing and making up quotes or facts are the only two I can think of. They often get lumped in together, but as I’ve been reading and thinking about the accusations of plagiarism against Fareed Zakaria, the differences between them have loomed large.
Making up facts or quotes is pretty clearly a crime against the reader, and possibly against the subject, depending on whether the quotes make them sound bad. The journalist is using the credibility of his or her position to get people to believe something that isn’t true. That untrue thing may be trivial — what’s possibly most remarkable about Jonah Lehrer’s fabrications is how minor and unnecessary they often were — but that doesn’t alter the fact that you have deliberately gotten someone to believe a lie.
Plagiarism is a completely different sort of crime, but we often treat it as similar. When someone is caught plagiarizing, the editors often write solemn notes, apologizing to the reader. And yet, in most of these cases, the overwhelming majority of readers don’t care.
And, probably, neither will anyone else if you hold the right connections and views. “There is something to see here, but we’re not sure what it is. And maybe — because it is Zakaria, and not some young unknown — we don’t want to look too closely.”
INVESTOR’S BUSINESS DAILY: Rev. Al Sharpton: Obama’s New Jeremiah Wright. To be fair, as far as I know Jeremiah Wright never actually got anyone killed.
OUR JUNIOR VARSITY ADMINISTRATION: Adriana Cohen: Foreign Policy Inexperience Proving Costly. “The truth is, Obama is worse at foreign policy than Jimmy Carter.” Hey, I warned everybody that a Carter rerun was a best-case scenario. . . .
RICHARD FERNANDEZ: Try Harder.
The only difference between the ideology of the French socialist minister and the Ferguson looter is scale. That and the immensely superior quality of the Frenchman’s comestibles. But the principles which govern both are the same. Eventually you run out of other people’s money and other people’s patience. And that’s starting to happen all over the world right about now.
It’s inevitable, but not pretty.
PREDICTION: Major Voter Turnout For Midterm Elections.
Congress’ approval is at an all-time low, the inevitable result of years of partisan bickering and mismanagement, and this will likely result in higher voter turnout for this year’s midterm elections, according to Gallup.
“In the last five midterm elections, voter turnout has exceeded 40 percent when Congress’ approval rating was low, but turnout was below 40 percent when Americans were more approving,” the polling firm reported.
The survey, which was conducted from Aug. 7-10 and sampled 1,032 U.S. adults aged 18 and older, has a margin of error of plus or minus 4 percentage points.
Well, the Democratic/Media complex is certainly trying hard to get the base jazzed. Expect more racial theater and war-on-women posturing.
CIVIL RIGHTS UPDATE: Federal judge strikes down Baton Rouge gun ordinance. “A city-parish ordinance that prohibits residents from keeping firearms in their parked cars while they’re inside establishments that sell alcohol is unconstitutional and can no longer be enforced, a federal judge ruled Monday. Chief U.S. District Judge Brian Jackson found the ordinance runs afoul of the Second Amendment.”
ANOTHER SHOCKING COINCIDENCE: IRS Shocker: Filing Reveals Lerner Blackberry Destroyed. The device was wiped AFTER Congressional inquiry began.
In two elusive and nebulous sworn declarations, we can glean that Ms. Lerner had two Blackberries. One was issued to her on November 12, 2009. According to a sworn declaration, this is the Blackberry that contained all the emails (both sent and received) that would have been in her “Outlook” and drafts that never were sent from her Blackberry during the relevant time.
With incredible disregard for the law and the Congressional inquiry, the IRS admits that this Blackberry “was removed or wiped clean of any sensitive or proprietary information and removed as scrap for disposal in June 2012.” This is a year after her hard drive “crash” and months after the Congressional inquiry began.
The IRS did not even attempt to retrieve that data. It cavalierly recites: “There is no record of any attempt by any IRS IT employee to recover data from any Blackberry device assigned to Lois Lerner in response to the Congressional investigations or this investigation,” according to Stephen Manning, Deputy Chief Information Officer for Strategy & Modernization.
CAMPUS SEXUAL PANIC JUMPS THE SHARK: Mizzou Fraternity Accused Of Title IX Violations For Dancing Teletubby.
HMM: Gowdy Hires Top Lawyer for Benghazi Committee. “Chairman Trey Gowdy, R-S.C. announced Friday he has hired a retired three-star general to lead the panel’s legal team. Lt. Gen. Dana K. Chipman was the senior military lawyer for the Army for four years as judge advocate general at the Pentagon, Gowdy’s office said. He retired last November after 33 years on active duty.”
“About half the practice of a decent lawyer consists in telling would-be clients that they are damned fools and should stop.” So supposedly said Elihu Root, New York lawyer and secretary of war and of state, and U.S. senator from 1909 to 1915.
Today it seems that many liberal “would-be clients” are in desperate need of what Root called “a decent lawyer.”
Take Texans for Public Justice, the so-called public interest group that has been pushing for the indictment of Gov. Rick Perry by a grand jury at the urging of special prosecutor Michael McCrum.
The basis for the indictment is, in the words of liberal New York Magazine writer Jonathan Chait, “unbelievably ridiculous.” The first count says that Perry violated a vaguely worded statute by threatening to veto an appropriation. That, even though the Texas Constitution gives governors the veto power and the U.S. Constitution’s First Amendment protects their right to free speech.
The second count states that it was illegal “coercion” to demand the resignation of Rosemary Lehmberg, head of the public integrity prosecution unit whose funding Perry vetoed, after she was arrested for drunk driving with blood alcohol content three times the legal limit.
“To describe the indictment as ‘frivolous’ gives it far more credence than it deserves,” Chait said. Liberal Harvard law professor Alan Dershowitz agreed. Perry’s actions, he said, are “not anything for a criminal indictment,” adding that the indictment is reminiscent of “what happens in totalitarian societies.”
The editorial writers of the Washington Post and the New York Times agreed. A “tendentious prosecution,” the Post wrote, noting that it was not the first one launched in Austin. The Texas town also produced the 2006 campaign finance indictment of former House Majority Leader Tom DeLay that was finally ruled invalid last year.
The Times, after making clear its distaste for Perry (“one of the least thoughtful and most damaging state leaders in America”), wrote that “the indictment appears to be the product of an overzealous prosecution.”
Many Texas liberals, perhaps shellshocked after losing every statewide race since 1994, are still chortling over Perry’s predicament. But the obvious injustice of the indictment may help more than hurt Perry. A decent lawyer would have told them to stop.
It’s also served as a wakeup call to the GOP on the importance of lawfare-related issues, something I’ve been pushing for a while. Dems will regret it if — or when — the Republicans get serious on this front.
NOTHING CREEPY ABOUT THIS: Government to Track ‘False, Misleading’ Ideas on Twitter.
The National Science Foundation is financing the creation of a web service that will monitor “suspicious memes” and what it considers “false and misleading ideas,” with a major focus on political activity online.
The “Truthy” database, created by researchers at Indiana University, is designed to “detect political smears, astroturfing, misinformation, and other social pollution.”
Yeah, I’m not worried that a database named for a Colbert slam at the right will be subject to political abuse or anything. The researchers are:
Program Manager: Balasubramanian Kalyanasundaram
Filippo Menczer firstname.lastname@example.org (Principal Investigator)
Alessandro Vespignani (Co-Principal Investigator)
Alessandro Flammini (Co-Principal Investigator)
Johan Bollen (Co-Principal Investigator)
I’ll be watching to see how this is used, and encourage everyone else to do the same. Remember when protest was patriotic? Now, apparently, it’s been fundamentally transformed.
PROTECTING THE NARRATIVE: Networks Dodge Huge IRS Scandal News as DOJ Attorney Says Lost Lerner E-Mails Do Exist.
THE COUNTRY’S IN THE VERY BEST OF HANDS. The Hill: White House struggles with message on threat of ISIS.
The White House is struggling to deliver a clear message on the threat posed by radical Islamist group ISIS and what the administration might do to counteract it.
Officials have sowed confusion by giving different statements at different times on the level of danger posed by the Islamic group, whose full name is the Islamic State in Iraq and Syria.
Obama’s decision last year to ask Congress for authority to level Syrian President Bashar al-Assad’s forces with air strikes is also haunting the administration as it mulls strikes in Syria against ISIS. There have been no guarantees that similar Congressional approval will be sought this time around.
White House press secretary Josh Earnest was peppered with questions on the issue Monday. Referring to the proposed strikes against the Assad regime last year, Earnest responded, “That was a different situation, right?”
But he said little that was definitive about whether attacks against ISIS in Syria are now being considered. Any such action would represent a major escalation from the current situation, in which the U.S. is carrying out airstrikes against ISIS positions in northwestern Iraq.
Strikes within Syria would not merely represent a significant ramping-up of U.S, military action. They would also risk providing de facto assistance to the Assad regime, even while the United States hopes that government will be deposed.
The issue of congressional approval for strikes inside Syria was given another twist late on Monday when Sen. Tim Kaine (Va.), a Democrat known to be close to Obama, issued a statement insisting that “I do not believe that our expanded military operations against ISIL are covered under existing authorizations from Congress.”
Our junior-varsity administration is in over its head, and even they’re starting to notice. But they’re still dragging their feet.
August 25, 2014
THE MAN IS A MEDIA GENIUS: Glenn Beck, Conquering Hero.
WELL, THIS SEEMS PROMISING: Saudi foreign minister: we must denounce our hatred toward Israel and begin normalize ties with Jewish nation.
LIFE IN POST-RACIAL AMERICA: Mississippi man beaten after he’s warned restaurant wasn’t safe for whites, witness says.
A relative, Bradley Barnes of Madison, told The Associated Press by telephone on Sunday that his brother-in-law was in a medically induced coma following brain surgery. “They’re going to try and wake him up tomorrow and see what damage was done,” Barnes said, describing Weems as a 32-year-old former Marine who had served in Iraq.
David Knighten of West Point told AP earlier by phone that he and Weems had gone to a Waffle House early Saturday. He said a man waved him over outside the restaurant and told him politely that people were upset by the killing of 18-year-old Michael Brown in Ferguson, Missouri, and it wasn’t a safe place for whites. When he went in, he said, Weems was inside and was arguing with other men. . . .
Knighten, who said he had served with the Air Force in Afghanistan, said he came out of the restroom to find Weems surrounded. “I was trying to defuse the situation,” he said.
After some shoving, he said, the security guard told everyone to leave.
Knighten said some people blocked him from leaving with Weems. When he got out, he said, Weems was down and people were kicking him. Knighten said others attacked him, adding “I do remember racial slurs being yelled from the crowd.”
Knighten says he has broken bones in his face, a cut over his left eye and a blood clot in his right eye.
Police did not arrive until after the crowd had left, he said.
But this is a relief: “This does not appear to be a hate crime.”
GIVE ME THE MAN AND I WILL FIND A CRIME: “Hey Wisconsin conservatives. You’re not paranoid, Democrats really are out to get you.”
I’m with Kurt Schlichter — the way you break them of this is to do it back to them, twice as hard.
HIGHER EDUCATION BUBBLE UPDATE, LEGAL EDUCATION EDITION: Number of Prospective Law Profs Drops 17% from 2013 (26% From 2010). A few years ago I was talking with an extremely smart former student who was interested in law teaching. She got back to me a few weeks later and said she had done some research and didn’t think legal education was going to do very well in coming years, and would thus stay in practice. Like I said, she’s extremely smart. . . .
IN CAMILLE PAGLIA’S WORDS, WE’LL ALL BE LIVING IN GRASS HUTS: Gay Patriot: What Happens When the Patriarchy Is Smashed?
AT AMAZON, fresh deals on Bestselling Products, updated every hour. See what’s new!
MY USA TODAY COLUMN FOR TOMORROW: Hammers, Nails, and Accountability: The Militarization of Policing and What To Do About It.
TRAIN WRECK UPDATE: Universities Passing On ObamaCare Costs To Employees. The Insta-Daughter recently got an email from her school saying that they’re limiting hours for student workers to 20 a week because of ObamaCare.
LIKE THE US LEGAL SYSTEM, THE UK LEGAL SYSTEM OPERATES AS A TORPEDO FOR BIG COPYRIGHT: Crime And Punishment? 33 Months In Jail For Filming And Uploading Fast & Furious 6.
IS FACIAL SYMMETRY OVERRATED? Attractive faces and good health may not be related. Standards of attractiveness are so uniform worldwide that it seems like it must mean something.
A CIVIL RIGHTS VICTORY: California’s Firearms Waiting Period Deemed Unconstitutional. “California’s 10-day waiting period for gun purchases was ruled unconstitutional by a federal judge this morning in a significant victory for Second Amendment civil rights. The laws were challenged by California gun owners Jeffrey Silvester and Brandon Combs, as well as two gun rights groups, The Calguns Foundation and Second Amendment Foundation. In the decision released this morning, Federal Eastern District of California Senior Judge Anthony W. Ishii, appointed to the bench by President Bill Clinton, found that ‘the 10-day waiting periods of Penal Code [sections 26815(a) and 27540(a)] violate the Second Amendment’ as applied to members of certain classifications, like Silvester and Combs, and ‘burdens the Second Amendment rights of the Plaintiffs.’”
THE DRESS CODE IS THE ONE CODE THEY’LL NEVER CRACK: The White House Gives Up on Making Coders Dress Like Adults.
THIS ISN’T SURPRISING; I’VE SCUBA DIVED WITH GROUPERS THAT LOOKED BIG ENOUGH TO SWALLOW ME: Video: Goliath Grouper Swallows 4-Foot Shark In One Bite.
MATH WARS: Rote memorization plays crucial role in teaching students how to solve complex calculations, study says. “Memorizing the answers to simple math problems, such as basic addition or the multiplication tables, marks a key shift in a child’s cognitive development, because it helps bridge the gap from counting on fingers to complex calculation, according to the new brain scanning research. The progression from counting on fingers to simply remembering that, for example, six plus three equals nine, parallels physical changes in a child’s brain, in which the hippocampus, a key brain structure for memory, gradually takes over from the pre-frontal parietal cortex, an area of higher order reasoning.”
IF SHE REALLY WANTS “EDGIER” SHE SHOULD HIRE DANA LOESCH TO HOST: NBC News President Wants An Edgier ‘Meet The Press.’
I KNOW DE BLASIO HAS NEW YORK ON THE WRONG TRACK, BUT THIS IS RIDICULOUS: A subway operator on the A line recently piloted an express train uptown — on a downtown track — for several minutes before coming to a stop, according to sources. “She could have had a head-on collision. That’s the only way to say it. There’s no nicer way to put it.”
MOLLY BALL: Inside the Democrats’ Plan to Save Arkansas—and the Senate: The party’s desperate bid to hang onto the majority rests on an unprecedented political organizing effort in red states like this one. Also a lot of drama designed to encourage the base to turn out — like the Ferguson saturation-coverage, which is designed to energize black turnout the way the Trayvon Martin soap opera was used in 2012.
ACCOMMODATING DISABILITY: My colleague Bradley Areheart has a piece in the University of Chicago Law Review on this subject, written with Michael Ashley Stein, Anita Silvers, and Leslie Pickering Francis.
Plus, today only at Amazon: Ecosmart Electric Tankless Water Heater, $360.00 (37% off).
THEY’RE ONLY DIRTY IF YOU LOSE: America Entering New Era of Dirty Wars?
All wars are of course dirty, and many episodes of conventional warfare (for example, both World Wars) in fact saw their fair share of irregularity and dirtiness. During World War II, German soldiers at times pretended to surrender before firing on the apprehending Allied soldiers. American and British bombing missions deliberately targeted urban civilian populations to terrorize the collective German psyche.
America’s self-identity is that we are a reluctant nation when it comes to starting wars, but when forced we fight total wars regularly and successfully—and sometimes even leave behind the defeated societies better than they had been before. In his remarks at the 70th anniversary of the D-Day landings, President Obama explained to his audience that following victory in this total war American deeds were noble: “We claimed no spoils of victory…we claimed no land other than the earth where we buried those who gave their lives under our flag and where we station those who still serve under it.” As Obama’s remarks reinforced, we etched D-Day into our national memory as a battle that represented the pinnacle of our selfless fight for the “survival of liberty.” Yet despite our desire to fight the good fight against a foe who will play by our rules, America’s history is overwhelmingly one of fighting opaque and incomplete dirty wars—from the American Revolution through Afghanistan.
America’s dirty wars have come in all shapes and sizes. Sometimes it is maximalist involvement such as the Philippines after 1898, Vietnam, and Iraq. In others, like Greece in the late 1940s or El Salvador in the 1980s, it is by proxy—essentially military aid and training with a miniscule American military combat presence. It is worth nothing that Afghanistan started out as a minimalist dirty war but wound end up being a maximalist one, which by definition tend to be costlier and controversial. Rarely has the United States fought dirty wars on the insurgent/guerrilla side, with one key exception being the fight against British and Loyalist forces during the American Revolution. Another departure occurred in the 1980s, when the Reagan Administration backed the insurgent anti-communist contras against the Sandinista regime in Nicaragua.
I’m thinking that a useful paradigm for dealing with ISIS is, what would Gen. Curtis LeMay do if he were serving under President Andrew Jackson? But I could be mistaken.
WHICH IS WHY WE PROBABLY SHOULDN’T EMULATE THEIR POLICIES: Unemployment In Europe Is A Disaster: Two Charts.
YEAH, I DON’T THINK HE MUCH CARES: WaPo: ‘Disconnected Obama’ needs to change conversation to help party in midterms. Nice golf pic. I remember when it was racist to publish those.
Plus: “After Ebola, ISIL, Ferguson and earthquakes, people start wondering if locusts are next.”
CALLING OUT THE “OLD BOYS” FOR SEXISM: Durbin’s “pay gap” problem the focus of additional radio ads. Turns out he pays women 77 cents for every dollar he pays male staffers. No wonder Democrats believe that number — for them, it’s true!
HIGHER EDUCATION BUBBLE UPDATE: George Washington Tells Faculty Not to Inform Students of Cheaper Textbook Alternatives to Protect Campus Bookstore, Then Relents. Note the chart of textbook prices vs. inflation generally — and, even more damningly, against the falling prices for “recreational books.”
IF THEY WERE WHITE AND REPUBLICAN, THEY’D BE A DANGEROUS REDNECK MILITIA WITH PARANOID BELIEFS ABOUT THE GOVERNMENT. INSTEAD: Citizen Patrol Aims to Defend Against Police Shootings. “A new group calling itself the Huey P. Newton Gun Club launched armed self-defense patrols Wednesday with one stated purpose: to protect Dallas neighbors from police. . . . At one point, the march went to Elaine’s Restaurant on Martin Luther King Boulevard, where demonstrators piled rifles on tables as they ordered cold drinks and food. A Dallas police lieutenant and deputy chief were eating lunch in the restaurant at the time. They politely spoke to the demonstrators as they paid their bills.”
What, nothing about how scary “open carry” is? Or about how the carriers must be compensating for small penises?
Is Angelo R. Mozilo in the cross hairs again?
Mr. Mozilo, the co-founder and former chief executive of Countrywide Financial, has largely escaped accountability for his outsize role in the mortgage crisis. But he may soon face a civil lawsuit from the Justice Department, according to news reports last week.
The possibility of a new case against Mr. Mozilo came almost exactly seven years after the subprime mortgage machine he created and oversaw began to sputter and stall. That process began in earnest on Aug. 16, 2007, when the company disclosed that it was drawing down its entire $11.5 billion revolving credit line. Other lenders had lost confidence in its operations. . . .
It is unclear, of course, if prosecutors will indeed take action against Mr. Mozilo, who is 75. In 2011, the Justice Department mysteriously decided to drop a criminal case against the former executive after a two-year investigation.
He had a lot of friends.