Wednesday, January 30, 2008
FBI investigating companies in the subprime mortgage probe.
The FBI is investigating 14 companies related to the subprime mortgage crisis for "accounting fraud, securitization of loans and insider trading, among other areas." The agency "is looking into allegations of fraud in various stages of the mortgage process, from companies that bundled the loans into securities to the banks that ended up holding them."
Subscribe to:
Post Comments (Atom)
1 comment:
I don't have alot of faith in the FBI or the CIA under this Administration. Now I emailed Boxer and Waxman and suggested that they get a person who knows how the companies and the Banks did the game. We have alot of smart people who are out of work and have no problem figuring out the scam.
Post a Comment