Welcome to the Coatesville Dems Blog
Public Corruption in Chester County, PA
I believe an unlikely mix of alleged drug trafficking related politicos and alleged white nationalist related politicos united to elect the infamous “Bloc of Four” in the abysmal voter turnout election of 2005. During their four year term the drug business was good again and white nationalists used Coatesville as an example on white supremacist websites like “Stormfront”. Strong community organization and support from law enforcement, in particular Chester County District Attorney Joseph W. Carroll has begun to turn our community around. The Chester County drug trafficking that I believe centers on Coatesville continues and I believe we still have public officials in place that profit from the drug sales. But the people here are amazing and continue to work against the odds to make Coatesville a good place to live.
Wednesday, September 24, 2008
FBI probing bailout firms
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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