Posted on 09/23/2008 6:58:21 PM PDT by fightinJAG
WASHINGTON — The FBI is investigating four major U.S. financial institutions whose collapse helped trigger a $700 billion bailout plan by the Bush administration, The Associated Press has learned.
Two law enforcement officials said Tuesday the FBI is looking at potential fraud by mortgage finance giants Fannie Mae and Freddie Mac, and insurer American International Group Inc. Additionally, a senior law enforcement official said Lehman Brothers Holdings Inc. also is under investigation.
The inquiries will focus on the financial institutions and the individuals that ran them, the senior law enforcement official said.
(Excerpt) Read more at foxnews.com ...
need some fall guys.
thats very cool
but it would be even better if this was done 10 yrs ago
Hmmm...how ‘bout going after the likes of Christopher Dodd and Barney Fa...er, Frank?
Eewww....goodie, goodie I just love a good perp walk.
I am no financial wizard, but I pinpoint the cards falling down after Chuckie Schumer caused the run on Indymac....
was this calculated?
They (Dems)knew there was a bubble and so desperate to gain control of the Congress and the Presidency they would bring down our economy???
Sorry if I am way off base. I just have this sinking feeling that this may be the case. I know there were weaknesses and challenges, but did they help the drowning man die??
Hey, no pointing fingers...nice guys don't do that... :(
I don’t think your ideas are out of the realm at all.
Kewl
Window dressing. No one will lose so much as a Gulfstream.
(Mrs. David Gregory, former General Counsel at Fannie Mae.)
You’re not way off base. I think the liberals and socialists (D&R) would use any and all means necessary to gain control and keep control including wrecking the economy in the hope that they would be seen a saviors.
Ping me when Jamie Gorelick gets an orange jumpsuit and matching stainless bracelets.
Carbon credits/carbon offsets; the next investment banker scam.
I trust they will look beyond the obvious perps. I recently looked at a property nearing foreclosure. The realtors son owned it, with 9 or 10 more that he had bought 2006-7. All rented, several not paying rents. I suspect the son has refied several to insure his primary residence is not free, maybe a vacation or two, perhaps some cash stashed. These folks are not innocent in my books.
Go get’em.
Can anyone believe the gall these socialist have to sit and questions others about the Racket they set up and ran, even going so far as to receiving sweetheart mortgages from Country Wide and still they sit there in Congress as though nothing in the world is wrong. I would love to catch all of these bastards alone and I would remind them of what a really pissed off American looks like!
Schumer and Dodd....your part of the problem. These “banks” have robbed America again. The 2nd time in 10 years! Dot.com and the Housing bubble. Whats next? Insurance companies, then Credit Cards. This would be easier to deal with if we had an energy plan 15 years ago.
Our lame congress/senate can’t see past this years election. What do these knuckleheads do when oil is at $140 a barrel and the financial system is about to collapse? They go on vacation. They do not work for us.
Tell Chuck, Barney, Chris and Nancy: “Your fired.”
Chuck Schumer: “Your fired.”
http://schumer.senate.gov/
Barney Frank: “Your fired.”
http://www.house.gov/frank/
Nancy Pelosi: “Your fired.”
http://www.house.gov/pelosi/
Chris Dodd: “Your fired.”
http://dodd.senate.gov/
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