“I am concerned that the size of some of these institutions becomes so large that it does become difficult for us to prosecute them,” Mr. Holder told lawmakers. Prosecutors, he said, must confront the problem that “if you do prosecute, if you do bring a criminal charge, it will have a negative impact on the national economy, perhaps even the world economy. And I think that is a function of the fact that some of these institutions have become too large.”
After the hearing, the panel’s top Republican, Sen. Chuck Grassley of Iowa, issued a statement calling Mr. Holder’s remarks “stunning.” Mr. Holder “ recognized that in effect, the big banks and their senior executives have a get-out-of-jail-free card,” he said.
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