–updated below–

Newsweek was here first. Michael Isikoff and Daniel Klaidman getting the story at the end of January.

DOJ official David Margolis has overruled the Office of Professional Responsibility, saying John Yoo and Jay Bybee were not guilty of misconduct on the Bush-Cheney era torture memos, they simply “exercised poor judgment”. Ya think?

From the Washington Post:

Bush administration lawyers who wrote memos that paved the way for waterboarding of terrorism suspects and other harsh interrogation tactics “exercised poor judgment” but will not face discipline for their actions, according to long-awaited Justice Department documents released Friday.

The decision rejects recommendations by the department’s ethics investigators. They had twice urged that allegations against John C. Yoo and Jay S. Bybee be sent to state disciplinary authorities for further action, including the possible revocation of their licenses to practice law. …

And the hits just keep on comin’.

The attorneys who concocted the logic and the legalize to make Cheney’s waterboarding dreams come true are getting off. The decision to overrule on Bybee and Yoo handing the Republicans a win on Bush-Cheney torture memos, in an election year no less, that will send the conservatives at CPAC into paroxysms of orgiastic euphoria.

UPDATE: Via Sam Stein, Sen. Patrick Leahy has announced hearings on the OPR reversal.