Obama's financial fraud task force has miles to go in restoring public confidence

You might think it's a bit late in coming, but Attorney General Eric Holder announced a Financial Fraud Enforcement Task Force on Tuesday. Holder will lead the group along with Treasury Secretary Tim Geithner, Housing and Urban Development Secretary Shaun Donovan and Securities and Exchange Commission Chairwoman Mary Schapiro. President Obama established the task force by executive order as an interagency group aimed at strengthening efforts to combat financial crime.