Bush administration denies funding for FBI probe of mortgage mess

[DogPoundPup]

Source: Seattlepi.com

The Bush administration is rejecting FBI pleas for more agents to investigate crimes that helped trigger the global financial meltdown, bureau sources said this week.

"They are bogged down big-time or there would be some indictments by now," said a recently retired bureau official who played a pivotal role in setting FBI policy after 9/ 11.

The FBI's response to the meltdown stands in sharp contrast to past financial crises, he said. "There are three comparable things ... the S&L crisis, corporate fraud like Enron and health care fraud. There was a clear, well-delineated effort there. I don't see it here."

The administration -- in reinventing the FBI after the 2001 terrorist attacks -- shifted about 2,400 agents from traditional crime-fighting squads to counterterrorism units, according to a Seattle P-I analysis of FBI data. At least 1,700 of those agents haven't been replaced, and the latest Bush budget continues that trend.

Read more: http://seattlepi.nwsource.com/business/385786_fbi31.html

[BlooInBloo]

1. Nice coverup.

[stillcool]

2. They're too busy investigating ACORN

[jimshoes]

3. How many of those Credit Default bets you think smirk boy

just cashed in these last few weeks? He sure don't want anybody poking around until he (and his swag) are safely in Paraguay and the plucky Shootsguyinface is in Dubai with most of the US treasury and pallin' around with all his mideastern oil buddies.

[mamameow]

8. sorry

they cannot run to paraguay, the new liberal government now recognizes extradition.

[Poseidan]

4. kill the gayland security department

That fascist nightmare doesn't belong. There is already an NSA, an FBI, a CIA and the Pentagon itself. We don't need redundancy in our so-called 'conservative' government. Put the Gayland Security Department agents into pre-existing agencies.

Bush is the new Hitler. Can't remember the last time I met someone named Hitler.

Bush and his Elitist school-mates don't realize, when you damage something, it naturally develops a counter-defense mechanism. The Universe is God, its rules are absolute. While you enrich yourself with shallow exploits, when the mechanism is complete, the damage you caused returns in a multiplied fashion (otherwise known as 'karma').

[bluesmail]

5. Funny (not) how they've stayed moves ahead.

[barbtries]

6. in plain sight

mother fucker.

[aquart]

7. They really do plan to sneak out of town with all our money in a suitcase.

Swear to god.

[Piewhacket]

9. Of course. That was always "Plan B"

And thank God they have to use plan B (simple looting), as their Plan A is just too damn frightening to explain.

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=3452621&mesg_id=3452994

[Daphne08]

10. Unacceptable.!

It is beyond scandalous.