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Old 01-14-2010, 07:31 PM
 
Location: Georgia, on the Florida line, right above Tallahassee
10,471 posts, read 15,851,180 times
Reputation: 6438

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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
86,052 posts, read 84,601,142 times
Reputation: 27720
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
 
20,187 posts, read 23,889,086 times
Reputation: 9284
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
 
5,652 posts, read 19,369,296 times
Reputation: 4121
""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 8,105,430 times
Reputation: 2972

http://www.youtube.com/watch?v=nw-Xgpulf64
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Old 01-15-2010, 05:08 AM
 
12,867 posts, read 14,935,058 times
Reputation: 4459
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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