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Old 01-14-2010, 07:31 PM
 
Location: Georgia, on the Florida line, right above Tallahassee
10,474 posts, read 15,076,417 times
Reputation: 6383

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I'm just going to just come out and say that I, personally, am shocked by this announcement.
Justice Department eyes possible fraud on Wall Street | McClatchy
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Old 01-14-2010, 07:40 PM
 
Location: Great State of Texas
86,053 posts, read 80,135,629 times
Reputation: 27685
ROFL..now that the death and destruction has taken place.
Well I guess they have to appear like they are doing something to clean it up.

Where were they in 2006 or 2005 when this stuff was just starting to heat up ?
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Old 01-14-2010, 07:52 PM
 
20,186 posts, read 22,547,382 times
Reputation: 9261
I wish they take out the fraud in the government first... how can you punish the crooks when the cops are crooks too... the government can't fix the corporate fraud until it fixes its own fraud...
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Old 01-14-2010, 08:36 PM
 
5,653 posts, read 18,506,079 times
Reputation: 4086
""I mean, everybody missed everything," - I love that... that is very naive. People likely knew what was going on, they just didn't care as long as they and others were making enough $$ on it. Nothing was going to stop that freight train.
yeah the article makes me sick.
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Old 01-14-2010, 08:47 PM
 
Location: Texas
5,872 posts, read 7,636,080 times
Reputation: 2968

http://www.youtube.com/watch?v=nw-Xgpulf64
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Old 01-15-2010, 05:08 AM
 
12,867 posts, read 14,186,163 times
Reputation: 4453
i guess this is called picking favorites again:

According to Breuer, the FBI received upwards of 70,000 "suspicious activity reports" relating to possible mortgage fraud in 2009 and has 2,800 investigations under way nationwide. REALLY?

it is just more "dog and pony show" while ignoring the huge basic problems in the system.
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