News FBI Investigating Potential Fraud by Fannie Mae, Freddie Mac, Lehman, AIG

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The FBI is investigating potential fraud involving major financial institutions, including Fannie Mae, Freddie Mac, Lehman Brothers, and AIG, according to two law enforcement officials. There is a strong sentiment among commenters that these investigations are overdue, with some expressing frustration that action is being taken years after the financial crisis began. Calls for accountability extend to other figures in the mortgage industry, such as former Countrywide CEO Angelo Mozilo. The discussion emphasizes the role of law enforcement agencies like the DHS and FBI in protecting the economy from domestic threats, highlighting a perceived delay in addressing these issues.
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Two law enforcement officials said the FBI is looking at potential fraud by mortgage finance giants Fannie Mae and Freddie Mac, Lehman Brothers Holdings Inc., and insurer American International Group Inc.[continued]
http://www.foxnews.com/story/0,2933,426783,00.html

Here we go! Call out the posse git yer hangin ropes.
 
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Ivan Seeking said:
http://www.foxnews.com/story/0,2933,426783,00.html

Here we go! Call out the posse git yer hangin ropes.

They won't be chapping my butt any if they put a few of those guys away?

I'd like them to go after Mazillo at Countrywide too.
 
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The DHS and FBI are supposed to be guarding against home grown entities that may damage the economy. I think they just found them... about three years too late.
 
edward said:
The DHS and FBI are supposed to be guarding against home grown entities that may damage the economy. I think they just found them... about three years too late.

Looks to me like 8 years too late.

8 years less 4 months that is.
 

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