FBI was looking at potential fraud by mortgage finance giants Fannie Mae and Freddie Mac
Loved Ones… The September 11 attacks inflicted casualties and material damages on a far greater scale than any other terrorist aggression in recent history.

Lower Manhattan lost approximately 30 percent of its office space and a number of businesses ceased to exist.

Close to 200,000 jobs were destroyed or relocated out of New York City, at least temporarily.

The destruction of physical assets was estimated in the national accounts to amount to $14 billion for private businesses, $1.5 billion for state and local government enterprises and $0.7 billion for federal enterprises.

Rescue, cleanup and related costs have been estimated to amount to at least $11 billion for a total direct cost of $27.2 billion….

and the Bush Administration called it terrorism…what about this …is this $700 billion worth of terrorism on domestic soil…by…whom?

Loved Ones…while the FBI scrutinizes the big four for potential domestic terrorist fraud …a terrorism of US$700 billion upon tax payers…people like you and me…republican contractors are shredding documents and erasing emails to protect themselves…

The FBI is investigating four major United States financial institutions whose collapse helped to trigger a US$700 billion ($1.04 trillion) bailout plan by the Bush Administration….love ones…G.W. is but a figurehead…he is not the leader of this republican agenda…

Two law enforcement officials said yesterday that the FBI was looking at potential fraud by mortgage finance giants Fannie Mae and Freddie Mac, and insurer American International Group.

Lehman Brothers was also said to be under investigation. A senior law enforcement official said the inquiries would focus on the financial institutions and the individuals who ran them.

All officials spoke on condition of anonymity because the investigations are in the very early stages.

The new inquiries are believed to bring to 26 the number of corporate lenders under scrutiny in the past year.

Last week, FBI director Robert Mueller put the number of large financial firms under investigation at 24.

He did not name any but said the FBI also was looking at whether any of them had misrepresented their assets.

Over the past year as the housing market cratered, the FBI has opened a wide-ranging probe of companies across the financial services industry, from mortgage lenders to investment banks that bundle home loans into securities sold to investors.

Mueller has previously said the FBI's hunt for culprits in the US sub-prime mortgage crisis focused on accounting fraud, insider trading, and failure to disclose the value of mortgage-related securities and other investments.

The FBI is investigating failed bank IndyMac for possible fraud and Countrywide Financial is under scrutiny as well.

The end goal was to pump up the numbers…lie to the public…so the bonus train could roll into the men at the top…while you and I get the shaft…a really big shaft…one at least $700 billion dollars worth.

At this time I petition for all those getting multiple millions of dollars in bonus checks…to learn all their lessons with the least amount of pain…and for the entity FBI director Robert Mueller to be protected by the White Light of the Holy Spirit.

You and all your loved ones are always in my prayers,

Samuel Joseph Bell

www.angelicinfusion.com
- posted by Samuel Bell @ 11:46 AM