Big Banks Face Another Round of U.S. Charges

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Big Banks Face Another Round of U.S. Charges

Big Banks Face Another Round of U.S. Charges

Article began on the wrong foot. The DOJ has NEVER prepared for any rounds PERIOD.

Lets not forget.. AG Holder plans to leave right at the same time the Statue of Limitations ceased. Coincidence?

NY Times-

The Justice Department is preparing a fresh round of attacks on the world’s biggest banks, again questioning Wall Street’s role in a broad array of financial markets.

With evidence mounting that a number of foreign and American banks colluded to alter the price of foreign currencies, the largest and least regulated financial market, prosecutors are aiming to file charges against at least one bank by the end of the year, according to interviews with lawyers briefed on the matter. Ultimately, several banks are expected to plead guilty.

Interviews with more than a dozen lawyers who spoke on the condition of anonymity to discuss private negotiations open a window onto previously undisclosed aspects of an investigation that is unnerving Wall Street and the defense bar. While cases stemming from the financial crisis were aimed at institutions, prosecutors are planning to eventually indict individual bank employees over currency manipulation, using their instant messages as incriminating evidence.

[NEW YORK TIMES]

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One Response to “Big Banks Face Another Round of U.S. Charges”

  1. GuyFawkes says:

    Holder should be taken out to the back pasture and shot like the mad cow diseased animal that he is.

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