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42 FBI task forces around the country are investigating some of the top mortgage firms, including Fannie Mae and Freddie Mac for fraud. AIG and Lehman Bros. are also subjects of the investigation.
The FBI says it has opened 36 investigations so far. As to what's under investigation:
Sources tell ABC News the investigations are looking into whether company officials systematically misled investors about the financial strength of their institutions.
42 FBI task forces around the country are investigating some of the top mortgage firms, including Fannie Mae and Freddie Mac for fraud. AIG and Lehman Bros. are also subjects of the investigation.
The FBI says it has opened 36 investigations so far. As to what's under investigation:
Sources tell ABC News the investigations are looking into whether company officials systematically misled investors about the financial strength of their institutions.
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