- The Department of Justice intends to bring cases against several financial institutions next year for what it says is mortgage-bond fraud, Attorney General Eric Holder told Reuters yesterday.
- While Holder said that the DOJ would use JPMorgan's $13B agreement as a template, he didn't provide details about which banks are in his crosshairs.
- Firms that have acknowledged that they are under investigation include Bank of America (BAC), Citigroup (C) and Goldman Sachs (GS).
DOJ plans more MBS fraud cases in New Year
Dec 5 2013, 04:44 ET