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This page contains all of the posts and discussion on MemeStreams referencing the following web page: FBI saw mortgage fraud early. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.
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FBI saw mortgage fraud early
by Mike the Usurper at 5:25 pm EST, Jan 29, 2009 |
Both retired FBI officials asserted that the Bush administration was thoroughly briefed on the mortgage fraud crisis and its potential to cascade out of control with devastating financial consequences, but made the decision not to give back to the FBI the agents it needed to address the problem. After the terrorist attacks of 2001, about 2,400 agents were reassigned to counterterrorism duties.
Here's another casualty of the "War on Terror." The economy got mugged because we were looking the other way. |
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RE: FBI saw mortgage fraud early
by unmanaged at 10:08 pm EST, Jan 30, 2009 |
Mike the Usurper wrote: Both retired FBI officials asserted that the Bush administration was thoroughly briefed on the mortgage fraud crisis and its potential to cascade out of control with devastating financial consequences, but made the decision not to give back to the FBI the agents it needed to address the problem. After the terrorist attacks of 2001, about 2,400 agents were reassigned to counterterrorism duties.
Here's another casualty of the "War on Terror." The economy got mugged because we were looking the other way.
mortgage fraud? It was not really mortgage fraud... It is lack of oversight and regulation... I talked to a law friend of my that does title law and he said technically most of this "mortgage fraud" was not, banks just gave money out like candy to the people who could not repay it... now if predatory lending tactics were used that is another story... |
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FBI saw mortgage fraud early
by bucy at 4:04 pm EST, Jan 30, 2009 |
Both retired FBI officials asserted that the Bush administration was thoroughly briefed on the mortgage fraud crisis and its potential to cascade out of control with devastating financial consequences, but made the decision not to give back to the FBI the agents it needed to address the problem. After the terrorist attacks of 2001, about 2,400 agents were reassigned to counterterrorism duties.
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