"Nearly all men can stand adversity, but if you want to test a man’s character, give him power."
A couple of notable news items locally at the end of last week. On Thursday, President Obama nominated Jill A. Pryor, a partner at Bondurant, Mixson & Elmore, LLP, in Atlanta to serve on the Eleventh Circuit. Pryor graduated from William & Mary, then attended Yale University Law. She clerked for Judge Edmondson on the Eleventh Circuit, then spent her entire professional career with Bondurant, Mixson. President Obama said of Pryor that "she will be a diligent, judicious and esteemed addition to the Eleventh Circuit bench."
On Friday, Sally Yates, the U.S. Attorney, for the Northern District of Georgia announced that H. Gregory Cordell of Cartersville, Georgia was sentenced to 2 years, 3 months in federal prison for mortgage fraud. Yates said that Cordell, "lied on mortgage applications to get over $1 million in loans, he fraudulently inflated the purchase price to get a bigger mortgage and then was paid a kickback under the table from the proceeds." The U.S. Attorney’s Office in Atlanta has been extraordinarily slow to pull the trigger on financial institution fraud cases, despite the fact that Georgia leads the league in defunct banks.
I’ll follow up more this week on my thoughts regarding why this administration has faltered in its pursuit of financial fraud matters.