Shakedown??
For sure, but why were you all silent when JP Morgan/Chase was hit for multibillions because it was forced to take over the stinking fraud ridden portfolio from Washington Mutual???
Hey, the whole subprime mess was a result of government making loan decisions for banks/lenders. A 25 year cluster. Red lining led to TARP.
If Eric Holder can prove criminal violations he should go to court. Otherwise, he’s doing a Jesse Jackson shakedown because he knows these banks will settle to appease shareholders rather than fight in court. And Holder is making it personal by threats to corporate officers. This is nothing less than a direct transfer of wealth from shareholders to government.