‘Reprehensible’ Market Conduct Not All Criminal, Holder Says

While conduct that contributed to the 2008 market collapse was “morally reprehensible,” it wasn’t necessarily criminal, said U.S. Attorney General Eric Holder.

In remarks made yesterday at Columbia University in New York, Holder said he understands “the public desire to, as one pundit put it, ’see the handcuffs come to Wall Street.”’