DOJ Readying New Cases Related to Financial Meltdown

U.S. Attorney General Eric Holder says he expects to announce new cases related to the financial meltdown in the coming months. Speaking with the Wall Street Journal, Holder said, "My message is, anybody who's inflicted damage on our financial markets should not be of the belief that they are out of the woods because of the passage of time. If any individual or if any institution is banking on waiting things out, they have to think again." According to the story, recent disclosures indicate the government is pursuing prosecutions related to suspected wrongdoing in the mortgage-backed securities industry and manipulation of the energy market. (Subscription required)