Paulson's bail-out package threatened as FBI investigates alleged corporate fraud

[Joe Chi Minh]

Source: (UK) Daily Mail

"A major investigation by the FBI into alleged corporate fraud among firms involved in the subprime mortgage crisis threatens to derail U.S. Treasury Secretary Hank Paulson's $700billion bail-out package.

As opposition to Paulson's rescue mounts in Congress, the Bureau revealed it is investigating dozens of big American financial firms amid allegations of corporate fraud."





Read more: http://www.dailymail.co.uk/money/article-1061322/Paulsons-bail-package-threatened-FBI-investigates-alleged-corporate-fraud.html

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It just gets more and more criminally insane.

[MadrasT]

1. Can we please

have a government that is not run by a pack of drunken monkeys?

Please?

[Javaman]

5. At this point I'll take drunken monkeys over these morons. nt

[dchill]

25. As long as they're not...

CRIMINAL drunken monkeys. :)

[Javaman]

27. True, but I will take misdemeanor drunken monkeys.

;) Lil

[dchill]

28. misdemeanor drunken monkeys = saints

;)

[Changenow]

6. Mukasey is not going to turn on his own.

This is fiction.

[Jackpine Radical]

14. That was certainly my first thought.

Who let the Feebs out?

[bdamomma]

8. they are worse than drunken monkeys.

these are criminals who need to be rounded up and arrested. they are treasonous among other things.

[SpiralHawk]

2. republicon = rotten to the core

Ptoooey on republicon family business values...

[xiamiam]

3. fbi investigating fraud of crew we're supposed to give 700 b...this stinks...

seems to me that the fbi should at least share their info before this bailout is pushed thru..

[radfringe]

4. just nationalize all the institutions

take'em all over.

I am sooooo disgusted.

[Jackpine Radical]

15. I'm on board for that.

[johnlal]

7. Well, that answers another question I had...

Corruption was the first think I thought of when all of this started coming down. I wonder why it wasn't at the forefront of the debate in Congress?

[ronnie624]

16. Because Congress has enabled it

through the wholesale deregulation of U.S. industry and markets.

If this "investigation" doesn't examine campaign finance and corporate lobbying, then it is absolutely meaningless.

[dixiegrrrrl]

24. Because honest Congress people are in a teeny minority.

Remember that even the Dems have enabled Bush, despite the 2006 elections.
Remember that Pelosi refused to support impeachment.
In a nutshell, most of Congress is bought and paid for.

[holboz]

9. Ron Reagan said Lehman Bros. exec made $17k/hour

No no no - nothing criminal at all going on there. $17,000 an hour!?

[modrepub]

19. Please

...that's only $4.72/second....

[bluesmail]

10. I hope this is connected to the Lichenstein whistleblower

who testified on closed circuit TV a couple of months ago on wealthy so-called Americans hiding their wealth to avoid taxes.

[pleah]

11. I guess that's why they were trying so hard to push this

shit through Congress so fast. They thought they could cover their asses with "their" bailout plan.

I'm glad Congress didn't just immediately fold on this.

[Dover]

12. Investigation? And I have a bridge in Alaska I'd like to sell ya.....

Will this investigation get priority or will it be forced to the back of the line behind all
the other unsolved, dangling investigations of the last 8 years?

And the people will wait with bated breath for someone in authority to actually
bring justice and right the wrongs of a corrupt system....and wait....and wait.......again.
It works great to diffuse any build up of anger and aggression amongst the masses.
"Yep, we're on it" they'll say.....On that bridge to nowhere.

[w4rma]

13. Laws, in America, don't apply to people with a lot of money, apparantly. (nt)

[EFerrari]

23. Is that what they're doing? Looking for a couple of scapegoats?

There's no way Bush DoJ is investigating its base.

[PA Democrat]

17. The FBI has been investigating AIG since March.

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=3510520&mesg_id=3510520

[fascisthunter]

18. Corruption= Republican Patriotism

[Peace Patriot]

20. Strange.

Hard to know what the fuck is going on.

Bush-run FBI and Bush-run DoJ investigating fraud by critters Bush wants to give $700 billion (plus bottomless credit) to, with no strings attached.

Do you think they'll indict Bush?

Stranger things have happened. That would be a hoot. White hat FBI guys sit down with Congress and say, "What the fuck are you people doing? Why haven't you impeached these traitors? Here!" And they shove piles and piles of indictment files across the table to John Conyers, and he says, "But are these impeachable offenses?"

(Sorry, John. I know it's not all your fault.)

[ladjf]

21. More than likely it will be a whitewash job.

[Supersedeas]

22. Bushler's idea of rescue -- give money to his criminal cronies.

[dixiegrrrrl]

26. Well, his family HAS been doing just that for 3 generations.

[bemildred]

29. Maybe Section 8 was the payload, and the rest was window dressing? nt