After being sentenced to prison for 24 years in the aftermath of Enron’s spectacular 2001 bankruptcy, the former CEO may be released after serving well less than half of his term. As a result his prison term, which scheduled to end in 2028, may be cut by more than half as a result of a new agreement with the Department of Justice.
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“…I am concerned that the size of some of these institutions becomes so large that it does become difficult for us to prosecute them when we are hit with indications that if you do prosecute, if you do bring a criminal charge, it will have a negative impact on the national economy, perhaps even the world economy…”
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On Wednesday, testifying before a Senate panel, Holder was prodded repeatedly about this assertion by Sen. Ted Cruz (R-TX). Holder eventually admitted that it would not be constitutional to execute an American citizen without due process.
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“This is something that is going to have an impact on the safety of this country,” the U.S. attorney general told ABC’s Pierre Thomas on Wednesday in a wide-ranging, exclusive interview.
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Attorney General Eric Holder announced today that the Department of Justice has filed a civil lawsuit against the credit rating agency Standard & Poor’s Ratings Services alleging that S&P engaged in a scheme to defraud investors in structured financial products known as Residential Mortgage-Backed Securities (RMBS) and Collateralized Debt Obligations (CDOs).
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A deal may be near in the Operation-Fast-and-Furious-related dispute that led the House of Representatives to cite Attorney General Eric Holder for contempt last year.
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A man who threw a glass tea light holder at the queen’s coach has been given a five-month jail term for insulting the monarch, by the appeal court in The Hague
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California Lieutenant Governor Gavin Newsom says he wants the U.S. Department of Justice to investigate “threats” against local communities considering using eminent domain to seize and restructure poorly performing mortgages to benefit cash-strapped homeowners.
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In late 2011, Attorney General Eric Holder authorized raids against marijuana dispensaries in California, where medicinal marijuana is legal, in an effort to create a distraction from the congressional investigation into Operation Fast and Furious, a new book set for release Tuesday claims.
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CBS News has learned that the House Oversight Committee expects to file a civil contempt suit against Attorney General Eric Holder Monday. The lawsuit is to try to force Holder to release documents from the Fast and Furious gunwalking operation.
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