Wednesday, September 24, 2008

Are any of McCain's staffers targets of the FBI mortgage fraud probe?

Silly me, I thought that bad guys go to prison. In Republican land they get private islands, private jets and a mega bank full of money for being major criminals.

I checked; all the major newspapers are not headlining the FBI probe article. Is CNN the only responsible news organization?

I don’t believe it. These very same targets of the FBI probe are looking for a Trillion Dollar gift from Congress. When is everyone going to get it that the Titians of Wall Street could also be the Titians of organized crime?

I believe that these guys are criminals and should be locked up. McCain and the Republicans think they deserve a Trillion Dollars.

I wonder if any of McCain’s staffers are on the FBI’s list.
Jim



First Published: September 23, 2008: 9:12 PM ET

Find this article at:
http://money.cnn.com/2008/09/23/news/companies/fbi_finance/index.htm?cnn=yes

FBI probing bailout firms
Investigators start search for fraud at Fannie Mae, Freddie Mac, Lehman Brothers and AIG, sources say.
By Kelli Arena, CNN Justice Correspondent
Last Updated: September 23, 2008: 11:25 PM ET
WASHINGTON (CNN) -- The FBI is investigating Fannie Mae, Freddie Mac, Lehman Brothers and AIG - and their executives - as part of a broad look into possible mortgage fraud, sources with knowledge of the investigation told CNN Tuesday.
The sources would not speak on the record because the investigation is ongoing.
FBI spokesman Special Agent Richard Kelko had no comment on that information, but said that 26 firms were currently under investigation as part of the bureau's mortgage fraud inquiry.
Earlier this month, FBI director Robert Mueller told Congress that 1,400 individual real estate lenders, brokers and appraisers were now under investigation in addition to two dozen corporations.
"The FBI currently has 26 pending corporate fraud investigations involving subprime lenders," Kelko said. "As we have seen, this number can fluctuate over time, however we do not discuss which companies may or may not be the subject of an investigation."
Previously, CNN has reported that Countrywide is part of the investigation.
More at: http://money.cnn.com/2008/09/23/news/companies/fbi_finance/index.htm?cnn=yes

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