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FNC breaking news headline on front page now

Breaking News >> FBI Investigating Fannie Mae, Freddie Mac, Lehman Brothers and AIG for Potential Fraud

26 executives under investigation, apparently.

From the unpostable site:

“Officials say the new inquiries brings the number of corporate lenders under investigation over the last year to 26.”

Rush excerpts: 1. Have you noticed, ladies and gentlemen, there's a new Democrat Party buzzword going around here about this so-called bailout, and it's called "Blank Check." The Democrats have reacted to this proposed bailout of the financial industry, $700 billion. Nancy Pelosi says Main Street must be protected from Wall Street. Whatever the hell that means. I mean, I'm glad she's the one saying it. Too often Senator McCain's gotten close to sounding like that. She said the Democrats will not write a blank check on the campaign trail. Lord Barack Obama, the Most Merciful echoed the Wall Street versus Main Street line. He said that Congress must have oversight. That's what Pelosi wants. That means they want their hands in the stash to be able to direct where it goes. 2. You've got some of these Democrats claiming they're either going to continue to impeach Bush or they're going to mount war crimes trials. These Democrats are still trying to get Karl Rove behind bars. So I'm just telling you people, if there was one Republican, just one involved in all this -- they run the House and Senate now, folks. They run the committees -- if there was just one Republican that they could point the finger of blame at, throw all this on that Republican's shoulders, bury that Republican, kill that Republican, end that Republican's career, it would have started a month ago. 3.Barney Frank, who thwarted the Bush administration's attempts to reform Fannie Mae and Freddie Mac back in 2003 had the gall to say, (sputtering), "Screw the private sector! I hate the private sector!" "It's up to the government to get us out of it," he said. And then he said, "We demand strong oversight." Now, a little news flash. For you guys and the Democrats, you had oversight! You were oversight! It was your oversight, and Bill Clinton's proposals which mandated that banks loan money to people who couldn't afford to pay it back. It was your oversight that Fannie and Freddie created so-called toxic loans and it was your buddies and your pals and your donors and your advisors who looted Freddie Mac and Fannie Mae, and now, after it's all blown to smithereens, they want accountability in their hindsight hearings today.