Holder Legacy on Financial Crime Cemented in Final Year
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Attorney General Eric Holder spent the past year making up for lost time in an effort to hold banks accountable for their role in the 2008 financial crisis.
Under fire during his tenure for shying away from prosecuting the largest banks and their top executives, Holder since last fall has rolled out a series of multibillion-dollar penalties against financial institutions culminating with Bank of America Corp.’s record $16.7 billion settlement last month.