Eric Holder launches 90-day crusade against bank leaders

Attorney General Eric Holder wants a Wall Street scalp.

After years of pressure from some lawmakers, civic leaders and Occupy Wall Street protesters, the countrys No. 1 law enforcer said Tuesday he has instructed many of his 93 federal prosecutors to review any residential mortgage fraud case they have brought against a financial institution stemming from the 2008 financial crisis to see if any executive could be held accountable for the companys actions.

Both civil and criminal cases will be on the table, Holder said.

The prosecutors have been given three months to report their findings to Washington.

Holder, speaking at the National Press Club in Washington, asked the prosecutors to try to develop cases against individuals and to report back in 90 days with regard to whether they think they can successfully bring criminal or civil cases against those individuals.

The Bronx-born AG, who is stepping down from the post hes held since 2009, said Loretta Lynch, who has been nominated to replace him, will likely get those responses.

Holders move was met with instant derision from three former federal prosecutors, who spoke with The Post on the condition of anonymity.

Its a political play to give Lynch a clean slate if the Senate confirms her as well as a tacit admission that billion-dollar fines and guilty pleas havent had the deterrent effect the Department of Justice was hoping for, the former prosecutors said.

Its a little bit unseemly, one former prosecutor told The Post.

If prosecutors really thought they had something on an executive, they would have done something already, a second former prosecutor said.

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Eric Holder launches 90-day crusade against bank leaders

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