Tuesday, September 23, 2008

FBI Investigating Market Meltdown Corps

G-men have launched an investigation into four of the major financial institutions that set-off the Wall St. crisis which, in turn, initiated the $700,000,000,000.00 Bush bailout plan. The Associated Press has found out that the
"FBI is looking at potential fraud by mortgage finance giants Fannie Mae and Freddie Mac, and insurer American International Group Inc. Additionally, a senior law enforcement official said Lehman Brothers Holdings Inc. also is under investigation."
The investigation, still in the early stage, involves the financial institutions and the money guys who ran them into the ground. FBI Director Robert Mueller said last week that twenty-four big money corporations were under investigation. Today's announcement brings the number to twenty-six. FBI spokesfolk say the financial institutions may have "misrepresented their assets." Ya think!

The life of Indigo Red is full of adventure. Tune in next time for the Further Adventures of Indigo Red.

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