The Feds Are On the Case
Posted on September 23, 2008
Filed Under Uncategorized |
The FBI is investigating Fannie, Freddie, AIG, and Lehman. If they look hard enough I’m sure they will find something they can call fraud, that’s what Eliot Spitzer did… in fact it makes one wonder if Spitzer hadn’t railroaded Hank Greenberg would AIG not be a department of the Federal government right now?
Enough with the idle speculation, I would like them to expand their investigation of the financial meltdown to include Congress. As much as stupidity is not a crime, nor is accepting boatloads of lobbyist money, it would be a service to the American people nonetheless to have a fact finding expedition on the subject.
More on this topic
(What's this?)
NY Fed Under Geithner Implicated in Lehman Accounting Fraud Allegation
(naked capitalism, 3/12/10)
Freddie Mac Says Lever it Up!
(REIT Wrecks, 3/9/10)
Frank Partnoy: Lehman Examiner Punted on Valuation
(naked capitalism, 3/14/10)
AIG Could Seek Another Bailout as it Struggles to Return to Profitability
(Money Morning, 3/1/10)



