TITLE

Warren Presses Regulators, DOJ on 'Too Big to Prosecute' Banks

AUTHOR(S)
Finkle, Victoria
PUB. DATE
May 2013
SOURCE
American Banker;5/15/2013, Vol. 178 Issue 75, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports U.S. Democratic Senator from Massachusetts Elizabeth Warren sent a letter to Federal Reserve Board Chairman Ben Bernanke, Securities and Exchange Commission Chairman Mary Jo White, and Attorney General Eric Holder regarding deferred prosecution agreements. In the May 14, 2013 letter, she noted her concern that settlements will not be large enough to sufficiently compensate those harmed by financial institutions' illegal activity.
ACCESSION #
87663323

 

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