No Company or Individual is "Too Big to Jail"

May 5, 2014

Attorney General Holder: No Company or Individual is "Too Big to Jail"

In the years after the financial collapse of 2008, some individuals used the phrase "too big to jail" to describe the theory that certain financial institutions-even if they engage in criminal conduct-are immune from criminal prosecution. As the Justice Department continues to pursue several important investigations, the Attorney General asserted that no individual or company, no matter how large or how profitable, is above the law. He intends to reaffirm that principle in the weeks ahead.

Updated December 18, 2015