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Holder Warns of Charges Against Bankers, Seeks Informants
Tom Schoenberg and David McLaughlinU.S. Attorney General Eric Holder is bearing down on Wall Street, warning of charges against individual bankers and pushing for bigger rewards for executives who come forward with evidence of financial crime.
“A corporation may enter a guilty plea and still see its stock price rise the next day. But an individual who is found guilty of a serious fraud crime is most likely going to prison,” Holder said in a speech today in New York.