Sen. Chuck Grassley (R-Iowa) is pushing the Department of Justice for details on what it has done to pursue criminal charges against the major Wall Street banks and executives who he says are responsible for the nation’s financial crisis. In...
In mid-July, Citigroup agreed to pay $7 billion for what the U.S. Department of Justice (DOJ) called "egregious misconduct" related to its handling of subprime mortgages and mortgage securities in the run up to the financial crisis.... Read Post
WASHINGTON — Phil Angelides, who chaired the government commission that investigated the financial crisis, said the Justice Department should pursue more criminal cases against Wall Street executives to restore the faith of average ... Read Post
Its been three years since major banks were bailed out and in that time Department of Justice officials have concluded that bringing criminal charges against financial executives may be futile, the Wall Street Journal reports. "Ther... Read Post