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FBI Investigating Potential Fraud by Fannie Mae, Freddie Mac, Lehman, AIG
Fox News ^ | Sep 23, 2008 | Staff

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 ...


TOPICS: News/Current Events
KEYWORDS: doj; fanniemae; fbi; fraud; freddiemac; govwatch; lehmanbrothers
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To: SpaceBar

Ditto for Beth Wilkinson (Mrs. David Gregory).


21 posted on 09/23/2008 7:43:43 PM PDT by fightinJAG (Fly the flag!)
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To: fightinJAG

Just having someone confirm my suspicions on this pretty much creeps me out about whats going on in our government.


22 posted on 09/23/2008 7:45:01 PM PDT by antceecee (McCain ~ Palin '08!!!!!)
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To: antceecee

“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.”

That sinking feeling is your intuition yelling at your psyche that your feelings are correct. Dems are worse than the whore of Babylon. They would sell their own Mother to ensure political gain. The pols in DC got theirs and we all must be made to pay since flyover country has the unmitigated gall to support a rube like Mrs. Palin.

As you intimated, I don’t think that this ‘Crisis’ is necessarily coincidental. I feel it is manufactured in order to hand the dhims the election. However, Rush said that conventional wisdom is not panning out in this election cycle and the dhims are not winning the economy issue.

the Deets


23 posted on 09/23/2008 7:51:01 PM PDT by ebiskit (South Park Republican)
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To: antceecee

I’ve been wondering what the Clinton’s have been up to. Anytime there’s money involved with “no controlling legal authority” I think of them. Kind of funny she’s stepping in with a plan already.

THE ABSOLUTE WORST CONGRESS EVER!


24 posted on 09/23/2008 7:51:15 PM PDT by Sweet Hour of Prayer
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To: fightinJAG

Somebody’s going to jail because the politicians know the masses want blood (and there’s no way any politicians are going to fess up about their misdeeds). Most likely they’ll catch one or more people lying like they did with Martha Stewart. They won’t get them for any actual crimes while they were running the companies.


25 posted on 09/23/2008 7:54:18 PM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: ebiskit; Sweet Hour of Prayer

They are getting ready to pull a switcheroo in the election as well.
They have no shame, no ethics, no pride in this country or themselves.


26 posted on 09/23/2008 7:57:21 PM PDT by antceecee (McCain ~ Palin '08!!!!! May God have mercy on us and protect us from evil.)
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To: paratrooper82

Count me among those who believe Limbaugh is onto
something when he opines that if the Dems weren’t
up to their own eyeballs in this stuff they would
have already commenced congressional hearings. After-
all, these are the same morons who continue to hold
hearings about dismissed fed attornies who serve
at the will of the pres.


27 posted on 09/23/2008 9:06:42 PM PDT by Sivad (NorCal Red Turf)
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To: fightinJAG
Vanity: WHERE’S THE OUTRAGE? THE CLAMMORING FOR DISMISSALS? THE INVESTIGATIONS BY CONGRESS [OF CONGRESS]?
28 posted on 09/23/2008 9:23:25 PM PDT by Salvation ( †With God all things are possible.†)
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To: fightinJAG

...10 yrs late and a few hundred billion dollars short.


29 posted on 09/23/2008 9:28:37 PM PDT by Ancient Drive
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