I assume the FBI is looking into this...
RE: government fraud, kickbacks, extortion, filing false documents, obstructing justice, IRS fraud, bank fraud, failing to notify authorities of wrongdoing,(1) colluding to deceive Taxpayers; engaging in a conspiracy to misuse tax-exempt revenue; violating state and federal RICO statutes; official fraud; extorting tax-exempt revenue in the commission of crimes; colluding to obstruct justice; forcing Taxpayers to report wrongdoing; breach of fiduciary duty for withholding criminal information from Taxpayers; accounting fraud to hide tax-exempt revenue used in government fraud.
MESSAGE Reps. Frank and Waters assured Democratic colleagues that they had personally lobbied Treasury Secretary Hank Paulson on these measures and would press him to consent to “do the kind of loan modifications we’ve been urging.” Waters exulted: “We’re in charge! . . . We own them now.” If the banks don’t write down enough loan principal to keep Rep. Frank happy, he threatens hearings and new legislation......with the backing of ACORN. ACORN President Maude Hurd warns that her “members plan to hold Secretary Paulson accountable and ensure he uses this authority to make streamlined loan modifications a priority for struggling American families.”