By Jonathan Easley - 08/20/13 11:51 PM EDT
Attorney General Eric HolderEric H. HolderLawyer claims death threats after anti-Black Lives Matter lawsuit Adviser: Obama can’t ‘erase decades’ of racism Airbnb enlists civil rights leaders in discrimination fight MORE on Tuesday put Wall Street on notice with a vague threat, saying that the Justice Department may be gearing up for civil or criminal prosecutions against those responsible for the 2008 financial meltdown.
Holder didn’t expound on the nature of the charges or whom the DOJ might have in its crosshairs.
August has been a busy month for DOJ action against some of the U.S.’s largest banks.
Earlier this month, Justice announced it was suing Bank of America for hiding risks about mortgage-backed securities from investors in 2008, and last Wednesday, revealed that JPMorgan Chase was the subject of a criminal investigation for knowingly dumping toxic mortgage securities on unwitting investors in the run-up to the crisis.
Still, the DOJ has been the subject of intense criticism for not targeting individuals who profited from alleged bank malfeasance in 2008 and for primarily pursing banks over civil charges, rather than criminal ones.