U.S. Moving Toward Mortgage Crisis Investigation on Individuals


United States Attorney General Eric Holder announced on Tuesday that he has given his fellow U.S. attorneys 90 days to determine whether they may be able to bring cases against any individuals for their roles in the 2008 financial crisis.

Federal prosecutors have already brought charges against several institutions and will now investigate individual employees for potential criminal or civil charges, Reuters explains.

Holder is set to leave office soon, so the decision whether the prosecute will ultimately be left up to Loretta Lynch, who is set to replace him.

Image via flickr/North Charleston

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