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...
With the DOJ's shift in focus, banks may need to ensure they are not liable to criminal charges of money laundering that the department would try to establish in any case it pursued. 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