Tuesday, September 30, 2008

A Good Start

Looks like some of the thieves that caused this financial crisis are gonna get theirs. The Justice Department and their minions are looking into the financial practices of CEO's and if they cooked the books.

In addition to the private sector getting a 'once over' the causes of this mess (mortgage giants Fannie Mae and Freddie Mac) are facing a federal grand jury investigation into their bookkeeping.

Unfortunately they're only going back to 2007.

It is my hope that investigators look and every one including members of Congress. What was their culpability in overseeing these two quasi governmental institutions.

All they have to do is follow the money.

Who got paid off? Who got the PAC money, special consideration or constituent goodies?

It's on the public record.

They too need to be investigated to see if they looked the other way when they should have been watching the cookie jar.

What they will find will shock most of us.

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