April 26, 2008

HousingPANIC Quote of the Day

“We’ve had a tremendous surge in mortgage fraud investigations, and we expect them to grow even more. I’m not sure at this point we can see the extent of the surge.”

- FBI Director Robert Muller, April 2008

(note - too bad the FBI was asleep at the wheel when the rampant fraud was going on. you know, when cracking down actually would have done some good... meanwhile, angelo, they're coming. slowly and surely, they're coming...)

18 comments:

Anonymous said...

Get Mulder & Scully on the case because the biggest fraudster, Tangizilo, just has to be an alien and thus this whole credit-mortgage/housing bubble-debacle just has to be part of a vast extra-terrestrial conspiracy. Or we could just cut him and see if he bleeds green!! (Green from of all the illegal and ill-gotten money that parasite made last year to the tune of 120 million!!)

Anonymous said...

Slam dunk

hardy har har said...

But Alan Greenspan said there was only some light, inconsequential "frothiness" in residential real estate markets, strictly limited to "some localities". This matter should be trivial for the FBI to deal with.

Paul E. Math said...

God, I hope they get Mozillo. I like to picture him being chased around the prison-yard like a calf about to be roped in a rodeo.

Big Cheese said...

With all the gov't layoffs coming maybe they can reallocate more manpower to the fraud department.

Expect a massive amount of people underpaying the IRS too. I couldn't find where to report the loss of my dollars that lost their value on my tax return.... surely they are other people feeling cheated here?

BC

Shakster said...

Does it occur to anyone here that the FBI,or "The Law" is what all the crooks hide behind?
Congress,Judges,Supreme courts,SEC,Better Business Bureau,Court houses,and on ,and on all have the same purported mission.To protect you stupid voters(Sheep) from "LIFE"
Yes ,you need to be insulated,and defended from day to day experiences by Government.
Do any relish the opportunity to take on a Realtor ,and win?To buy a car ,and beat the Salesman?
.......or would you rather be a Victim(VOTER),and cry out to daddy(Government) to
Pass A Law?Bailout you out?
Make the economy better?
We will never rid the world of temptations,and opportunists,and besides that, you hypocrit Voters all love a good deal too.
So to pass laws,or scream for the "Law" to wipe your butts after you LOST is seriously weak.
HP needs to remain the EDUCATOR.To teach the Game,and see to that people know that any negotiation is a contest with both parties being corruptable-that means you too you bible thumping voters.The "Law" is purely about money,and protecting itself.The frudsters all have protection under the "Law",and hide behind it.

Are you dumb ass Voters ever gonna get it?

Surge THIS... said...

The next person you are near that uses the term 'surge'

Kill Them.

eric in vegas said...

The episodes of American Greed 3-4 years from now are going to be awesome.

j st john said...

They weren't on the case before because there was no publicty to be gained. The FBI's #1 priority is media attention, and #2 is catching the criminals. They've already stated many times that prevention of crimes is not their duty.

j st john said...

http://www.youtube.com/watch?v=5F1Y6cGRXEs

The FBI had advanced knowledge of the 1993 WTC bombing from an informant and did nothing.

Anonymous said...

Ironically enough--

When the riots start

When the people are starving

When society is at the brink

the safest place in America will be in the cell next to Angelo in Federal Pen

Anonymous said...

They were too busy busting Spitzer. Woooohooooo, big bust! Meanwhile, Casey alone stiffed the American taxpayer for $2.4 million.

Anonymous said...

Cake Walk

say it like it is! said...

RE: "The next person you are near that uses the term 'surge'

Kill Them."


***********************

BWAAA!! LOL

Bush made lots of words popular, such as:

War on Terra,
Foreclosure,
Pet Goat,
Freedom Fries,
Duct Tape,
Not Under Oath,
Trainwreck,
Miserable Failure,
Insurgents, etc.

But yes, "surge" is what irks me the most, so, I started using the word myself!! like:

"There has been a surge of lies, cover-ups and crime within the Bush Administration and connected US government employees."

Refuse to buy overpriced said...

Shakster,

Too much cynicism is just as bad as too much trust.

Here in NJ the FBI put some fear into corrupt politicians and real estate speculator. Sharpe James, Solomon Dwek, and Philip Konvitz, all exposed by the FBI.

Thank you FBI, the 1% of my income tax that goes to Federal law enforcement is money well spent.

Shakster said...

Refuse to buy overpriced said...
Shakster,

Too much cynicism is just as bad as too much trust.

Here in NJ the FBI put some fear into corrupt politicians and real estate speculator. Sharpe James, Solomon Dwek, and Philip Konvitz, all exposed by the FBI.

Thank you FBI, the 1% of my income tax that goes to Federal law enforcement is money well spent.
---------------------------
---------------------------
ya know why I carry a gun? Because cops are pretty heavy.
Can we arrest Martha now?
Did Angelo Have any fear of the Authorities?
Keep your FBI to yourself ,we really can handle our own problems.
How did your money get within reach of a bunch of crooks in the first place?
If Angelo Goes to the slammer How long will he really stay?Maybe Martha type deal?If he even goes,will anyone ever see their money?Who's money is it?Money well spent?Ok.Have at it,but please keep it between you ,and your protectors.

Surge THIS, MF. said...

"say it like it is! said

BWAAA!! LOL

Bush made lots of words popular, such as:

War on Terra,
Foreclosure,
Pet Goat,
Freedom Fries,
Duct Tape,
Not Under Oath,
Trainwreck,
Miserable Failure,
Insurgents, etc."

LIKE I SAID, KILL THEM. ALL F THEM. STRIP THEiR ASSETS. PUT THEIR FAMILIES IN THE STREET. GIVE THEm GUNS WITH NO AMMO...

THINK ABOUT IT.

Priceless. Got Food?

mairca izda debol said...

FBI = Fife, Barney - Investigator