FBI has an astonishing 566 current investigations into corporate fraud

Discussion in 'Wall St. News' started by wilburbear, Mar 20, 2009.

  1. Yep, I was told 500 wall st probes. This confirms.

    They have to do it. It's pablum to the masses. When you see Dodd backstep, it's bad.
  2. W4rl0ck



    Any Senators gonna fall on this one?

    I'm waiting for someone famous.

    Dodd would be a good starter.
  3. new$


    They are part of the problem. Else they would have charged these guys while the planning and execution were underway.
    Do you think they will charge Paulson , Bernanke, Greenberg, et al with anything?
  4. Only 500? must be a staff shortage.
  5. Everyone is a target. Hearing several SEC folks, all of Wall St., but "looking" at Senators and Congressmen.

    This can't go on like this. Watch the violence play out vs. AIG. If I was Obama, I would be leaning on the DOJ. Make your cases, make your arrests. It's the only tool they have to soothe the masses. And that won't work for long.