Posted on 09/16/2012 2:21:59 PM PDT by dynachrome
Strategic defaulters, beware. The feds are coming for you. And they are not happy.
Not the FBI. The Office of the Inspector General at the Federal Housing Finance Agency.
The OIG may not have the same fearsome "G-man" reputation as its better-known counterparts at the Federal Bureau of Investigation, but it is every bit as much a law enforcement agency, with the same powers to search, seize and arrest. Special OIG agents are even authorized to carry firearms.
The OIG's mission is to seek administrative sanctions, civil recoveries and criminal prosecutions against anyone who abuses the FHFA's programs. And it is pursuing its calling with passion, if not vengeance.
(Excerpt) Read more at chicagotribune.com ...
And after you pay it back plus 10% or more interest?
You show up to defend his actions.
Where did I ever defend his actions?
Yep, the banksters paid it all back.
Yes they did.
So did GM.
LOL! Not even close.
And the doubled debt proves it.
The debt didn't come from the bank bailouts.
Bingo - trickle down doesn’t ever work does it. It’s crony capitalism all the way.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.