In Announcing Potential Individual Prosecutions, Eric Holder Looks to Bury Too Big To Jail Reputation

In wake of money laundering for drug cartels and terrorists, Attorney General ends his career at the DoJ by potentially holding individuals responsible for their criminal actions in 2008

U.S. Attorney General Eric Holder must have surprised an audience at the National Press Club Tuesday when he gave his U.S. Attorneys a 90-day “High Noon”-like deadline to bring individual criminal charges against individuals for their role in the 2008 derivatives meltdown.

It was the first time the Attorney General had publicly made known his desire to prosecute those involved in potential fraud that former Fed chief Ben Bernanke called a financial disaster worse than the Great Depression.