Cross posted from The Stars Hollow Gazette. Attorney General Eric Holder claimed that the banks were too big and too hard to prosecute for the "massive criminal securities fraud" behind the high risk mortgage securities that led up to the 2008 financial collapse. Instead the Justice Department opted for civil settlements with large fines with no admission of any wrong doing.
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Cenk Uygur (host of The Young Turks) on MSNBC Live speaks with Matt Taibi of Rolling Stone about bank foreclosure fraud.