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Sat Feb 21, 2015, 01:10 AM

Holder starts 90-day clock on potential prosecution of bankers

Attorney General Eric Holder said the Justice Department will determine within the next 90 days whether to charge individual Wall Street executives with crimes related to the 2008 financial crisis.

Holder said he’s asked the prosecutors who have been investigating the major banks and their executives to make recommendations whether to bring charges or close the probes.

“I’ve asked the U.S. attorneys … over the next 90 days to look at their cases and to try to develop cases against individuals and to report back in at 90 days with regard to whether or not they think they’re going to be able to successfully bring criminal and or civil cases against those individuals,” Holder said in a speech at the National Press Club Tuesday.

The announcement comes as the attorney general prepares to leave his post after more than six years on the job. President Barack Obama has appointed Loretta Lynch, the U.S. attorney for Brooklyn, to succeed him.

http://www.publicintegrity.org/2015/02/17/16786/holder-starts-90-day-clock-potential-prosecution-bankers

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Reply Holder starts 90-day clock on potential prosecution of bankers (Original post)
pbmus Feb 2015 OP
House of Roberts Feb 2015 #1
burrowowl Feb 2015 #2
djean111 Feb 2015 #3
Romeo.lima333 Feb 2015 #4
GummyBearz Feb 2015 #5

Response to pbmus (Original post)

Sat Feb 21, 2015, 02:08 AM

1. What? Is it 90 days until the statute of limitations expires?

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Response to pbmus (Original post)

Sat Feb 21, 2015, 02:21 AM

2. The probes will probably be closed

by the Justice Department, sad.
Would love to see banksters in JAIL!

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Response to pbmus (Original post)

Sat Feb 21, 2015, 04:44 AM

3. Just created National Bankers' Sigh of Relief Day, probably.

 

You know, in the unlikely event that a new AG who really did want to prosecute was accidentally appointed.
Only group that would need to worry, if Lynch is confirmed, are state-legalized marijuana users, right?

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Response to djean111 (Reply #3)

Sat Feb 21, 2015, 08:17 AM

4. them and any whistle-blowers. potus has been good about going after those

 

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Response to pbmus (Original post)

Sat Feb 21, 2015, 10:17 AM

5. Sounds like...

 

A good way to squeeze a few more campaign contributions out of them really quick

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