The Seattle p-i is reporting that the Bush Administration went to extraordinary measures to thwart the FBI’s investigation of Financial Institutions. It is clear the agency knew the implications of such actions as evidenced by this testimony
“Based on various industry reports and FBI analysis, mortgage fraud is pervasive and growing,” Chris Swecker, then assistant [...]
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Back when I first entered the world of computers and networks these people were practically at the top. A share of their stock would have set you back $850, today you can buy that share for 15 cents. Once the largest maker of telephone equipment in North America, the company has filed for protection [...] One of the best graphical representations of the subject I have seen on the net. In revision since 2003, Steve McGourty, has recently updated, September 21, 2008, this good work. The price of the big bail out is going up faster than you can say “pow zoom, straight to the moon”. Just last week they were talking about 100 billion, a few days ago they were saying 400 billion, late yesterday, and in all the morning papers, 500 billion dollars. Now it’s 700 billions dollars! [...] For the past 50 years or so it has been economically advantageous for manufacturers to partake in some fairly wasteful ways to make their products available to the American market. Things like buying raw lumber to ship to Asia to be made into furniture and shipped back to the US to be sold. We [...] |
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