Ex-Fannie Mae Chief May Face S.E.C. Charges

The New York Times reports:

Daniel H. Mudd, the former chief executive of Fannie Mae, may soon face civil charges stemming from his tenure at the mortgage finance giant, according to a person briefed on the matter who was not authorized to speak publicly.

The Securities and Exchange Commission sent Mr. Mudd a so-called Wells notice, this person confirmed, an indication the agency is considering an enforcement action against him

Where's Eric Holder on this issue? The size of this kind of money means felonies.