DoJ Says More Bank Securities Cases To Come

The U.S. Justice Department (DoJ) is preparing to for additional mortgage related securities cases in the very near future as calls for individual prosecution of criminal wrongdoing grow. Public to hear from DoJ’s residential mortgage-backed securities working group The American public can expect to hear more from the DoJ’s residential mortgage-backed securities working group in the “very near future,” said U.S. Associate Attorney General Tony West. West made the comments when speaking at a news conference announcing a $7 billion settlement against Citigroup Inc (NYSE:C) on Monday but it was unclear if he was referring to individual prosecutions or additional…