Activists Protest Holder’s Saying Some Banks Are too Big to Jail


A coalition of left-leaning interest groups is asking the White House today to reject Attorney General Eric Holder’s contention that some banks could be too big to prosecute, reports Activists from and the Campaign for a Fair Settlement plan to deliver a petition with more than 330,000 signatures to federal prosecutors in Philadelphia, Atlanta, Minneapolis, Los Angeles, Charlotte, and other cities. The petition was written after Holder told the Senate Judiciary Committee March 6 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 an impact on the national economy, perhaps even the world economy.” Dan Petegorsky of the advocacy group Campaign for a Fair Settlement called it shocking that the White House or Holder had not taken repudiated the remark.

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