{"id":5482,"date":"2013-08-22T00:00:00","date_gmt":"2013-08-22T05:00:00","guid":{"rendered":"https:\/\/institutionalinvestorsecuritiesblog.blawgcloud.com\/2013\/08\/us_doj_to_bring_charges_agains"},"modified":"2021-12-08T10:32:53","modified_gmt":"2021-12-08T16:32:53","slug":"us-doj-to-bring-charges-agains","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/us-doj-to-bring-charges-agains\/","title":{"rendered":"US DOJ To Bring Charges Against Those Accountable for 2008 Financial Crisis"},"content":{"rendered":"\n

According to The Wall Street Journal<\/em>, US Attorney General Eric Holder wants Wall Street to know that the Justice Department is getting ready to bring criminal and civil securities fraud<\/a> charges against those accountable for the financial crisis of 2008. Cases against a number of large financial firms are likely. During his interview with the WSJ, Holder said that “No individual, no company is above the law.\u201d<\/p>\n

Holder has been criticized, along with the Obama Administration, of not doing enough to file criminal charges against financial firm executives over the 2008 meltdown. However, recent disclosures indicate that the US government is going after new prosecutions of possible wrongdoing involving mortgage-backed securities. <\/p>\n

After that industry\u2019s fast growth led to the housing bubble, which then burst, resulting in a credit crisis, financial institutions were left with securities that dropped in value. DOJ officials also say that prosecutors continue to be involved in probes involving RMBS. <\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

According to The Wall Street Journal, US Attorney General Eric Holder wants Wall Street to know that the Justice Department is getting ready to bring criminal and civil securities fraud charges against those accountable for the financial crisis of 2008. Cases against a number of large financial firms are likely. During his interview with the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3741],"tags":[],"class_list":["post-5482","post","type-post","status-publish","format-standard","hentry","category-securities-fraud"],"yoast_head":"\nUS DOJ To Bring Charges Against Those Accountable for 2008 Financial Crisis — Investor Lawyers Blog — August 22, 2013<\/title>\n<meta name=\"description\" content=\"According to The Wall Street Journal, US Attorney General Eric Holder wants Wall Street to know that the Justice Department is getting ready to bring — August 22, 2013\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/us-doj-to-bring-charges-agains\/\" \/>\n<meta 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