Well, now it does.
Bush and Mueller had 1/3 of the FBI criminal investigators leave their posts, and never replaced them.
And nobody was left minding the store.
They took their eye off the ball, they didn't enforce the basic laws of America, they didn't hire the necessary agents, and they destroyed America as financial terrorists planted bombs all over the land.
ENOUGH IS ENOUGH. IT'S TIME FOR AN INDEPENDENT INVESTIGATION INTO THESE MATTERS, AND FOR PROPER STAFFING OF THE FBI.
HOUSINGPANIC DEMANDS THAT ATTORNEY GENERAL MICHAEL MUKASEY APPOINT A SPECIAL PROSECUTOR, AND THAT HARRY REID AND NANCY PELOSI GREENLIGHT AN INDEPENDENT COMMISSION TO INVESTIGATE THE GREAT HOUSING AND FINANCIAL FRAUD, AND FOR THE FBI TO BE QUICKLY AND URGENTLY RESTAFFED AND REASSIGNED IN ORDER TO DO THE WORK AND GO AFTER THE GUILTY.
Monkeys folks. We truly are run by untrustworthy and corrupt monkeys. We've been writing about the fraud going on for three years now, calling for the FBI, SEC, Justice Department and local authorities to crack down on the mortgage fraud and financial crimes. And nothing has been done. The guilty roam free. And trillions and trillions and trillions and trillions have now been lost and confidence has been shot.
There should be outrage. There should at a minimum be high-profile arrests. And there should be justice.
F.B.I. Struggles to Handle Financial Fraud Cases
WASHINGTON — The Federal Bureau of Investigation is struggling to find enough agents and resources to investigate criminal wrongdoing tied to the country’s economic crisis, according to current and former bureau officials.
The bureau slashed its criminal investigative work force to expand its national security role after the Sept. 11 attacks, shifting more than 1,800 agents, or nearly one-third of all agents in criminal programs, to terrorism and intelligence duties. Current and former officials say the cutbacks have left the bureau seriously exposed in investigating areas like white-collar crime, which has taken on urgent importance in recent weeks because of the nation’s economic woes.
The pressure on the F.B.I. has recently increased with the disclosure of criminal investigations into some of the largest players in the financial collapse, including Fannie Mae and Freddie Mac. The F.B.I. is planning to double the number of agents working financial crimes by reassigning several hundred agents amid a mood of national alarm. But some people inside and out of the Justice Department wonder where the agents will come from and whether they will be enough.
So depleted are the ranks of the F.B.I.’s white-collar investigators that executives in the private sector say they have had difficulty attracting the bureau’s attention in cases involving possible frauds of millions of dollars.
Since 2004, F.B.I. officials have warned that mortgage fraud posed a looming threat, and the bureau has repeatedly asked the Bush administration for more money to replenish the ranks of agents handling nonterrorism investigations, according to records and interviews. But each year, the requests have been denied, with no new agents approved for financial crimes, as policy makers focused on counterterrorism.
“We only had a finite number of white-collar crime agents available to address the threat that mortgage fraud posed,” said Joseph Ford, who retired from the F.B.I. this year and once served as its chief financial officer.
October 20, 2008
It never made sense why the FBI and Bush Administration didn't enforce the laws of the land, and let financial fraud run rampant these past few years.
Posted by blogger at 10/20/2008