elizabeth warren letter

Big banks have spent $66 billion on legal fees related to the financial crisis, according to SNL Financial, but it is just
Sen. Elizabeth Warren (D-Mass.) sent a letter to Attorney General Eric Holder Wednesday questioning whether a major government settlement with the nation's largest mortgage companies is merely a way to absolve banks of malpractice under a "timid enforcement strategy."
The letter Wednesday also comes one day after Holder told the Wall Street Journal that the DOJ would announce new cases related