Quick question-- was something going on last week? About...insider trading-or something? Which might've suggested uh-- wait, it's on the tip of my tongue-- that the government was looking into some stuff on Wall Street? Did that happen?
U.S. Attorney General Eric Holder confirmed today that the Justice Department is conducting a criminal investigation related to trading on Wall Street. In response to questions about the probe of insider trading, Holder said an “investigation is ongoing” and described it as “very serious.” Holder was questioned at a news conference at the Justice Department in Washington.
“I don’t want to get into the details,” he said. The investigation is being conducted by the U.S. attorney’s office in New York, he said.