New federal task force to fight fraud

The Obama Administration has created a new task force that will work to combat fraud. It will replace the task force that Bush for the same reason.

U.S. Attorney General Eric Holder stated, "This task force's mission is not just to hold accountable those who helped bring about the last financial meltdown, but to prevent another meltdown from occurring. By punishing criminals for their actions, we will send a strong message to anyone looking to profit from the misfortunes of others."

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Obama's Attorney General: Eric Holder Vows to Fight Fraud

President-Elect Obama's pick for Attorney General, Eric Holder vowed today to fight financial fraud at every level. According to AP.com, Holder told a Senate committee Thursday that taxpayers have a right to demand accountability for financial wrongdoing. As we foster in the new era of Obama, do you think that Holder and company will do justice and stop financial fraud? Post your thoughts here.

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