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Top Justice officials connected to mortgage banks

U.S. Attorney General Eric Holder (R) chats with Assistant Attorney General in the criminal division of the Justice Department Lanny Breuer before their testimony on the second day of the Financial Crisis Inquiry Commission hearing on Capitol Hill in Washington January 14, 2010.     REUTERS/Jason Reed

By Scot J. Paltrow

Fri Jan 20, 2012 9:31am EST

(Reuters) – U.S. Attorney General Eric Holder and Lanny Breuer, head of the Justice Department’s criminal division, were partners for years at a Washington law firm that represented a Who’s Who of big banks and other companies at the center of alleged foreclosure fraud, a Reuters inquiry shows.

The firm, Covington & Burling, is one of Washington’s biggest white shoe law firms. Law professors and other federal ethics experts said that federal conflict of interest rules required Holder and Breuer to recuse themselves from any Justice Department decisions relating to law firm clients they personally had done work for.

Both the Justice Department and Covington declined to say if either official had personally worked on matters for the big mortgage industry clients. Justice Department spokeswoman Tracy Schmaler said Holder and Breuer had…

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