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

[TM99]

89. It is very clear.

My reading comprehension skills are quite high

I was not aware you could not reference the document.

It is Statutes of Limitation in Federal Criminal Cases: An Overview Charles Doyle Senior Specialist in American Public Law October 1, 2012 found here (http://www.fas.org/sgp/crs/misc) or here (www.crs.gov)

The appendix provides a complete list for the statue of limitations for ALL Federal crimes from terrorism, murder, hate crimes, to financial crimes such as these being discussed. The relevant law you quote (U.S.C.§ 3293) is NOT enumerated in the list for 10 years.

Nor is it found in the list for 8 years or 7 years. Several financial crimes found under 15 U.S.C. 7x and 8x including such things as Securities Act violations and Investment Company violations as well as 18 U.S.C. 1348 (securities and commodities fraud) are found in the list for 6 years.

It then specifically states that all other laws not mentioned in the previous 20, 10, 8, 7, & 6 statue of limitations fall under the 5 year statue. U.S.C.§ 3293 and all but one of the relevant subsections that you keep repeatedly posting are NOT listed in 20, 10, 8, 7, & 6 and therefore fall into the 5 year statue of limitation category. That is pretty cut and dry.

So with that said, why then is there a discrepancy? The Cornell reference says 10. The CRS reference says 5 and in specific instances 6. If the CRS document is correct, and given the title and publication I have no reason to question it, then yes, sadly, the statue of limitations for financial crimes perpetrated by Wall Street even if we start the clock at 2008 have either run out after 5 years or are very soon to run out in specific instances now at 6 years.

You may stick to your guns on this which is your prerogative of course. However, I am providing data which is refuting yours. Address that discrepancy and clear it up if you want myself and others to accept that this statue of limitations is indeed 10 years and that Holder is not just blowing smoke up our asses.