FBI promises more fraud arrests - Democratic Underground

dipsydoodle

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Tue Jun-24-08 02:59 AM
Original message

FBI promises more fraud arrests

Source: BBC News

A senior FBI officer has told the BBC that more arrests will be made as part of its probe into mortgage fraud and the credit crunch.

Section chief for Financial Crimes, Sharon Ormsby, said hundreds of arrests already made were just a "good start".

More than 400 US real estate brokers have been arrested and charged with fraud in the past few months.
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"We've initiated investigations into 19 corporations. We are precluded from talking about them. But we are looking at individuals related to mortgage lenders, investment firms, brokerage houses, hedge funds, due diligence firms, rating agencies - the whole gamut."

Read more: http://news.bbc.co.uk/1/hi/business/7470381.stm

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Sherman A1

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Tue Jun-24-08 03:05 AM
Response to Original message

1. Good News Indeed.

I can think of a particular Fraud to start with, but anywhere is a good place to start.....

Let these scam artists, liars and thieves rot in jail....

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trusty elf

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Tue Jun-24-08 04:22 AM
Response to Reply #1

3. Yes, please!

Start with this one.

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InkAddict

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Tue Jun-24-08 08:34 AM
Response to Reply #3

5. Now, I know you're not suggesting that duct tape fixes everything.

For the rest of us, plastic sheeting is needed to ward off the pestilence released by him and his cronies. DUCK & COVER!

Your photo might also suggests that duct tape might give him a nice facial lift, but it's his teeth (or rotting lack thereof) that really need fixing, though some might suggest that other anatomical structures are way beyond a fix. Hasn't he yet appointed a Presidential dentist? No duct tape across his piehole, I see. Chalk it up to bad genes/jeans, I guess. It's that irregular Indian cotton and Chinese stitching that never holds, you know.

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trusty elf

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Tue Jun-24-08 09:05 AM
Response to Reply #5

6. Duct tape is certainly no panacea.

I find that for a nice facial lift, these are more effective.

As for the Presidential dentist...

I'm afraid it's a bit late for that.

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InkAddict

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Tue Jun-24-08 09:36 AM
Response to Reply #6

7. Spitting out the coffee - ROTFL - keyboard in danger! THANX /eom

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liberalla

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Tue Jun-24-08 03:47 AM
Response to Original message

2. I wish they'd just regulated them in the first place...

:mad:

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kickysnana

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Tue Jun-24-08 06:01 AM
Response to Reply #2

4. Amen m/t

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slampoet

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Tue Jun-24-08 10:39 AM
Response to Original message

8. Notice this is being covered in the BBC and not US media

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