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prosecutor. they would come to us and say we need to you follow the evidence and we would. our justice department isn t being bashful here. how many cases have they filed against jpmorgan in the last six months? if the evidence is there the justice department will go there. i think combination of regulatory action by sec, criminal action by the justice department and market forces and a change in atmosphere will avoid a crisis in the future. jenna: we ll see what is the future and talk a little more about that next hour with charlie gasparino about the new shadow banking industry that seems to have emerged in the last couple years. robert, fred, look forward to having you both back. jon: we ve seen a rash of major sinkholes across the country. maybe that is where all the lehman brothers money went. the massive craters proving extremely dangerous, even deadly sometimes. we re live in florida with an inside look with some guys whose job it is to clean up the mets and fill up the holes.
bank lehman brothers filed for bankruptcy. that collapse of that one bank triggered a crucial moment in the financial meltdown and very tonous moments about whether or not our banking system would survive. five years later many questions about whether or not we re safer and if we truly got to the bottom of the cause and the culprits remain. the attorney general says he plans to announce some new cases connected to the financial crisis in the coming months. the question, is it too little too late at this point? fred tecce, a former federal prosecutor and robert heim, former assistant regional director of the u.s. securities & exchange commission in new york city. great to have you both. robert, what about that, this is your expertise in the sec. is it too little to late to bring charges? i think so. we re looking five years after the financial crisis and the thing that jumps out at me there has been no real criminal cases brought against any senior level banking executives at the comp
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