Breaking News: FBI to investigate Fannie Mae, Freddie Mac, AIG and Lehman Bros.

[Jeanette in FL]

Breaking on CNN:

Investigating CEO's and the companies for fraud

Will link ASAP

http://daily-journal.com/archives/dj/display.php?id=427907 only link I can find so far

[AzDar]

1. Goddamn!

:wow:

[rzemanfl]

2. Well, we already posted the bail didn't we? n/t

[Jeanette in FL]

5. Not yet we didn't

Now we see what the rush was.

[rzemanfl]

8. No, these are last weeks bailouts (except Lehman, which was

allowed to die).

[Jeanette in FL]

10. You're right

We did already bail these guys out. What was I thinking?

[dweller]

12. and AIG i think for about $85 B

edit.

dp

[Stinky The Clown]

3. In other nooz, Farmer Brown mounted a search for his horse, missing from the barn for the last .....

..... six months.

(Not being snarky to you. Just commenting on the insanity that is our world today.)

[tularetom]

4. Buncha Democrats will be linked to these effed up outfits

Just to muddy up the waters. If they are successful and McPOW wins the election the investigation will quietly be dropped.

[AlCzervik]

6. Hehe, David Gregory's wife in the General Counsel for Fannie Mae.

[CountAllVotes]

7. have We the People been ripped off?

where are the damn places anyway? I want my damn money back NOW, not in a month, not after the election - NOW within 7 days damnit!!!

:kick:

[dixiegrrrrl]

9. Glad to know they have time after that 7 year anthrax case.

They should have this solved by the time I die.

But...did you notice how damn fast FBI got on the Palin computer hack case?

[pankcake]

11. Get those CEO's

I have little doubt that the big-shots in these companies tricked the books in some way or the other.

[OmmmSweetOmmm]

13. lol! Before his prostitution sting, as AG and as Gov of NY, Spitzer was screaming at the Feds to do

something.

This is laughable.

[katty]

18. yeah and we know what happend to him-hey, give a call to Spitz

[Kansas Wyatt]

14. Is it possible that before these companies went under....

They were speculating in oil futures?

Just seems like a coincidence that right before these companies go bankrupt, oil speculation goes through the roof, then drops after they go bankrupt. Is it possible that they were applying their same ponzi scheme to oil futures to drive the price up to keep themselves operating a little longer at the expense of average Americans?

[EFerrari]

15. They're going to investigate themselves like Arnold did in his sexual harassment case.

Maybe they'll use both hands.

:shrug:

[SoCalDem]

16. Cannot vote through a bail out while there's a "investigation going on"

Isn't that the mantra of the Bush admin?? Let's use it right back at them..

When there are indictments handed down, property siezed, then we'll talk :)

[katty]

19. right back @them

[OmmmSweetOmmm]

17. I recommend that they investigate Paulson who let the cat out of the bag today

that he has been sitting on his "rescue plan" for months now. What did he know and when did he know it?

[katty]

20. very good

[pleah]

26. Hell, I demand they investigate that bastard!

:grr:

[BraneMatter]

21. Yes, but...

who is going to investigate the FBI???

Here is the root of the problem, as stated by Paulson at the hearing today:

"When you ask about the taxpayers being put on the hook, guess what, the taxpayers are already on the hook. They got put on the hook by the system we have..."

But Hank, isn't CAPITALISM the system we have????

Hmmm....

[Jacobin]

22. Awesome. Now that hundreds of billions have been stolen

In front of the entire world, they will designate a few lower level fall guys to prosecute, put them in Club Fed for 18 months and declare that justice is done.

All the while, the major kleptocrats will be flying around in their private jets, on their way to their yachts, on the phone to their congresscritters for the latest government contract giveaway, laughing their asses off at the stiffs we Americans have become.

I want to be sick

[paparush]

23. Hot Fucking Damn!

I keep asking my wife, "Who's going to be fired? Who's going to jail for all of this?"

[PA Democrat]

24. Considering how many of their thieving practices are actually legal

you have to wonder what in the world they are being investigated for.

[malaise]

25. This is becoming one big joke

Anyone jumping yet? :hi:

[Loge23]

27. Can we please add Goldman Sachs to the list?

Former money trough for our new economic czar, Comrade Paulson.
Seems the commissaar got away with $500M - mostly invested in the market, which probably explains at least a little bit of the $700B.

[OakCliffDem]

28. K & R

[demhistorian]

29. this is a breakthrough to be sure. 5 years ago this would not have happened.

[OneGrassRoot]

30. Thoughts about current FBI relationship with B*shco?

How much of a rebellious move is this by the FBI?

I always have the worst thoughts, thanks to this criminal administration. I wonder what conspiracy is in play with this new development if it's NOT a rebellion on the part of the FBI.