2016 Postmortem
Related: About this forumEric Holder gives Prosecutors 90 Days to File Charges on 2008 Wall Street Collapse. Wow! Finally!
Holder said that he has given his underlings three months to determine whether they can secure indictments against bankers who are widely believed to have committed fraud while issuing, packaging, marketing and selling the residential mortgage backed securities (RMBS) that caused last decade's multi-trillion dollar global financial meltdown.
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Holder also stated that he believed prosecutions have not resulted from the 2008 global financial collapse "not for lack of trying."
"These are the kinds of cases that people come to the Justice Department to make," he said. "Young people who want to be assistant US Attorneys in the Southern District of New York, and Eastern District of Virginia and San Francisco live for these cases. The inability to make them, at least at this point, has not been a result of a lack of effort."
http://www.truth-out.org/news/item/29181-in-last-gasp-attempt-to-shake-corrupt-reputation-holder-gives-prosecutors-90-days-to-file-wall-street-collapse-charges
Man from Pickens
(1,713 posts)Banker-criminals are home free in 90 days, it looks. Just in time to make the same exact mistakes, since not a one of them paid any price for it.
Cal33
(7,018 posts)that Holder has miscalculated.
IADEMO2004
(6,424 posts)This is not a serious question.