Holder starts 90-day clock on potential prosecution of bankers

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Finance executives who caused 2008 meltdown put on notice

Attorney General Eric Holder said the Justice Department will determine within the next 90 days whether to charge individual Wall Street executives with crimes related to the 2008 financial crisis.

Holder said he’s asked the prosecutors who have been investigating the major banks and their executives to make recommendations whether to bring charges or close the probes.

“I’ve asked the U.S. attorneys … over the next 90 days to look at their cases and to try to develop cases against individuals and to report back in at 90 days with regard to whether or not they think they’re going to be able to successfully bring criminal and or civil cases against those individuals,” Holder said in a speech at the National Press Club Tuesday.

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