Holder says no bank 'too big to indict,' more financial cases coming

[FrodosPet]

13. Did the investigations just start?

I've always heard that financial sector crimes are notoriously difficult to investigate, much less successfully prosecute.

For one, the laws were often in their favor. Even if something looks scuzzy, that does not mean you can always point to a specific criminal infraction. And that is rather important when charging someone.

Lots of paper has been shredded and files deleted. Witnesses have faulty memories. And while certain institutions may have had a culture of shortcuts and fraud, it is not so easy to be able to lay down specific charges on specific people.

So it comes down to what is more important: punishing bankers, no matter what the cost or difficulty, or protecting the rights of the accused, no matter who they are.

As much as many of them deserve to be in a prison cell, we gotta remember these won't be one day in and out trials. They will last months, with at least a few acquittals. Many of them will cost millions of dollars to prosecute.

Maybe I am too easy on the Justice Department, but I can see why it has taken so long.