Holder's 'Too Big To Jail' Bombshell Fuels Big Bank Foes

Law360, New York (March 7, 2013, 7:47 PM EST) -- Attorney General Eric Holder's recent acknowledgment that some banks may be too big to prosecute has reverberated through the halls of Congress, as evidenced by a contentious Senate Banking Committee hearing Thursday, and may accelerate efforts by a broad coalition of lawmakers to break up the biggest banks.

Holder created a stir when he told the Senate Judiciary Committee on Wednesday that he was concerned the size of some of the world's largest banks made it difficult to bring criminal cases against them because of the...
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