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In reply to the discussion: Holder says no bank 'too big to indict,' more financial cases coming [View all]1StrongBlackMan
(31,849 posts)96. Well ...
1) When did the 10 year mark start? 2008 or sooner?
That would depend on when the specific defendant, engaged in the specific conduct.
2) Is Holder actually going to do anything substantial? Thus far, he and this administration have not.
I suppose, the answer to that question depends on what one considers "substantial." For many, (it would seem) anything less than convictions of every top bank executive employed during the "melt-down" years, along with life sentences, would be deemed insubstantial.
For me ... I would say "Yes", his securing convictions would be substantial ... after that, it's not up to Holder; it'll be up to the sentencing judge.
3) If Holder is 'building a case', will the next administration drop it in a similar way that Bush had the DoJ basically let Microsoft off the hook on Anti-Trust violations. Or will it be independent of 'politics' and allowed to proceed to meaningful indictments and punishment for those whose crimes led to the 2008 financial crisis?
I guess that will depend on whether a Democrat takes the Whitehouse in 2016; but I would suspect, any case filed in 2014, will have concluded long before 2016 (at least the trial court phase).
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Holder says no bank 'too big to indict,' more financial cases coming [View all]
Newsjock
Jan 2014
OP
Yes, I do support this President and his administration, though NOT unconditionally ...
1StrongBlackMan
Jan 2014
#88
Is that correct? I thought after the Savings & Loan disaster congress made it 10 yrs for banks. nt
okaawhatever
Jan 2014
#40
Plus, when it comes to fraud, there usually is an extension to account for discovery of the fraud
treestar
Jan 2014
#79
Investigations into the kind of large scale financial fraud are a lot more complicated...
phleshdef
Jan 2014
#38
What has suddenly gotten into Holder? Has he been quietly investigating all these cases for all this
jwirr
Jan 2014
#14
Actually has done more on white collar crime than the last three GOP AGs combined. But then
kelliekat44
Jan 2014
#61