Posted on 09/23/2008 4:14:03 PM PDT by jern
AP: FBI Investigating Fannie, Freddie, Lehman & AIG
There have been reports of fraud for years and now they are going to investigate! It will be interesting to see if any Obama people get mention. I certainly hope it works better than their investigation of the hacker.
Hmmmmm, maybe David Gregory’s wife, Beth Welkinson? She got the old pink slip.
Not if we can help it. The truth will win out.
FBI focusing on 14 companies in mortgage probe
Agents investigating fraud allegations throughout securitization process
By Alistair Barr, MarketWatch
Last update: 7:34 p.m. EST Jan. 29, 2008Comments: 1SAN
FRANCISCO (MarketWatch) — The Federal Bureau of Investigation is targeting 14 companies as part of a broad probe into the subprime mortgage meltdown, a spokesman said on Tuesday.
But expanding probes into the secondary mortgage market where loans are securitized could implicate better-known financial firms which have been involved in the losses of billions of dollars in investors’ money, the Wall Street Journal reported late Tuesday, citing FBI officials.
Looks like they’ve been working on this for a while now.
Yeah, here comes Gorelickmas LoL!
Great to hear from you, Slim!
As you know, normally I’m not a pessimist. However, when it comes to indicting and convicting rats of crimes they commited, it doesn’t happen.
“Now all I can do is lift my beer and toast you.”
I will lift up one or two hand crafted micro beers and toast you, as I chargrill a nice rib eye to celebrate the rats falling down so hard this month.
Don’t forget Ponzi Penny Priztker..Obama’s finance advisor from the subprime bank that went under!!
She belongs on the list too!!
This is great. I’ve been so bummed until now.
Not that I am at all opposed to investigating these crooks. Its just that the smart attorneys and financial expertise all lies on the other side of this exercise.
It has not be legislated yet...That is a draft proposal by the Treasury department. It is up to us to stop this thing!! CALL YOUR CONGRESSCRITTERS TOMORROW....WITHOUT FAIL!!
I’m with you on that. People need to go to jail over this. This is way worse than Enron.
Link not working. Do you mind checking it? I would love to read it.
I hardly think Paulson will encourage them to do much. But you never know...
..>worse than Enron...., exactly, since only hand slappin’ happened there these crooks and the ones to come are emboldened.
“It has been well established who looted Fannie and Freddie for over a decade now....no one cares.”
I think Americans DO care especially if they are asked to BAIL OUT institutions that commited FRAUD. Furthermore...IT doesn’t take a rocket scientist to realize McCain is the expereinced one and not a JUNIOR Senator from Illinois who has to say.....DUH...let me wait and see IF I can find a way to spin this and get back to you...Idiot. Get in reality...
If you look at polling today (obviously you haven’t if you think Obamas polling is moving up) you will see via Realclearpolitics.com that Obama is moving downward...NOT up. If you are seeing polling on EV...I think it’s fair to say that is old polling and not reflective of the trend AFTER the shock of the last week. Capeesh? Let’s see what shakes out at the debates this week....the one that Obama seems to be scared to about...and needs 3 days to ready himself. Since this format is a sit down (from what I read in the rules) I have a feeling Obama is going to him...and stammer....and not know what to do without his teleprompter (babysitter) and who knows...he might just make goofs like Saddleback Civil Forum....you know, that question is above my pay scale...????????????????
“I wonder if this entire financial crisis was orchestrated for political reasons.”
George $oreA$$, Snobamie’s puppet master is probably behind this blowup in with the liberal owned and controlled investment houses which are rapidly going out of business with the rupture of this mess.
He tried to bring down our country and make his puppet SnoBami, King with his and other hedge funds manipulation of the oil markets. That has failed miserably and backfired big time on him and the rats.
So next he and the other would be king makers for SnoBami brought this long festering sore to a head and it ruptured. Normally the sheeple run to the rats for protection when there is real or imagined financial problems like the worse economy since Hoover bs, (which also didn’t work for them).
This too will backfire and cost the rats in congress and probably Snobami his crown as president of the world.
The failure today of their dead cat bounce in oil prices will bring more hedgefunds into failure with the death of Pellosi galore’s phoney drilling bill and the expiration of the old ban on drilling.
We will probably see most hedge funds refusing to allow their share holders to cash out to avoid more blood baths. They could become an endangered species and end up like the DoDo bird.
Bookmark
Your written words do not bear out the facts, seems like you’re water coolin with the Dems
has been well established
no one cares
McCain ignorant
numbers are already moving back toward him. (You forgot, the Messiah)
All the Dem buzz words with no facts to back up. Seen your type way too many times.
Oh please...
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