Corporate Hedge Fund Lawyer Who Attacked Obama Now Clams Up: ‘I Have No Comment’

Tom Lauria, a lawyer representing “a small group of speculators” who forced Chrysler into bankruptcy because they wanted a few more cents on the dollar, made a stunning allegation against the Obama White House on a conservative talk show last Friday.

Lauria claimed that one of his former clients — Perella Weinberg — withdrew its opposition to the government deal because the White House threatened “that the full force of the White House press corps would destroy its reputation if it continued to fight.”

Lauria was not a first-hand witness to the alleged threat. Both the parties involved — the White House and Perella — disputed Lauria’s accusation. Nevertheless, ABC’s Jake Tapper reported Lauria’s claims, and his story was propagated on Fox News and Rush Limbaugh’s show.

Now, Tom Lauria is clamming up, refusing to stand by his earlier accusations against the White House. Neil Cavuto pressed him last night on Fox Business:

LAURIA: I have a former client in connection with this matter who is a client in connection with other matters who doesn’t appreciate all the attention that’s been brought to bear on that. So I have no further comment on that topic.

CAVUTO: Alright, well, this issue was raised by you. And now you’re not gonna talk about it?

LAURIA: I have no further comment. […] I really don’t want to talk about this topic at this point. […]

CAVUTO: You started out making a comment, and now you dropped it. It’s just weird, that’s all I’m saying.

This morning on Fox News, host Megyn Kelly tried another approach. “Can I ask you this? Have you made public statements that are untrue?” Lauria would not even dispute that he is lying. Instead, he said, “The truth is gonna come out.”

Lauria was asked eight separate times in two appearances on Fox to explain his earlier comments. And eight separate times, he refused to stand by his story. Watch it:

The right-wing media will undoubtedly continue pushing the story, despite the fact that there are now no sources who say it is credible or defend it.