Attorney General Eric Holder emphasized that no bank is “too big to jail” in a video message that suggests that officials at the “too big to fail” banks involved in the 2008 financial crisis might yet face criminal charges.
“[I]t is fully possible to criminally sanction companies that have broken the law, no matter their size,” Holder said, citing the need for coordination between criminal investigators and federal regulators. “While I will not specify any particular targets, I will say this: I am personally monitoring the status of these ongoing investigations, I am resolved to seeing them through, and in doing so, I intend to reaffirm the principle that no individual or entity that does harm to our economy is ever above the law.”
Stay informed.Stay ahead.
Join Washington Examiner for unlimited access to the news, analysis, and commentary that matter most.
Already a member? Log in
