Who Caused The Financial Crisis? Prosecutors Face 3-Month Deadline For Bringing Charges In The Subprime Mortgage Mess

Ninety days: That’s how long U.S. federal prosecutors have to tell Attorney General Eric Holder whether they have enough material to bring cases against individuals for wrongdoing in the 2008 financial crisis. It’s likely the last such appeal from the outgoing Holder, who made the announcement during a speech earlier this week.

Though many view Holder's unusual announcement as political face-saving, it raises a serious question: Are financial felons going to get away?

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