U.S. identifying individuals to prosecute for role in mortgage crisis [View all]
WASHINGTON (Reuters) - Attorney General Eric Holder said on Tuesday that he has given U.S. Attorneys a 90-day deadline to evaluate whether they can bring cases against any individuals for their role in the 2008 financial crisis.
Federal prosecutors who previously brought charges against institutions for inappropriately marketing residential mortgage-backed securities will investigate individual employees for potential criminal or civil charges, Holder said in a public appearance at the National Press Club on Tuesday.
Holder said he asked the prosecutors to report back to him in 90 days "over whether they think they are going to successfully bring criminal or civil cases against those individuals."
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