Holder Nomination May Mean More White Collar Crime Cases: Former Justice Officials

By Matt Squire

U.S. Attorney General-designee Eric Holder may bolster resources dedicated to white collar crime cases, potentially reversing a decline seen in the Bush administration, say former prosecutors. President Obama nominated Holder, a former Deputy Attorney General under President Clinton, as the nation's top prosecutor on Dec. 1 and the nominee has yet to be confirmed. Since 2001, Holder has worked as a lawyer with Washington, D.C.-based law firm Covington & Burling, focusing on international advisory issues and internal corporate investigations. Holder's appointment would likely mean a rise in white collar criminal cases, including money laundering and fraud, according to Matthew Orwig,...