The prosecutors, the rich, the politicians: all buddies in the rarefied atmosphere of wealth and power. How could one of them possibly be a cheat? And if there is a slip-up, they cover up.

It seems Covington & Burling, the powerhouse law firm that used to employ, and could be expected to re-employ, Attorney general Eric Holder and Assistant Attorney General in charge of the Criminal Division Lanny Breuer is also the same firm that issued the opinion letter that said that MERS was a valid way to transfer mortgages.