The FDIC, which is responsible for dealing with bank failures, is probing former executives, directors and employees at failed U.S. banks and is taking efforts to punish alleged recklessness, fraud and other criminal behavior, the Journal said.
Fred Gibson, deputy inspector general at the FDIC, told the Journal in an interview that the probes involve failed banks of all sizes in cities across the U.S.
FDIC is also stepping up civil claims to recover money from former bankers at busted lenders, the newspaper said.
Gibson declined to identify the people or banks under investigation, the Journal said.
"We anticipate results from our investigations, although we cannot predict when a particular case will reach a stage at which disclosure of specifics would be appropriate," Gibson told the Journal.
As the old joke about a dozen lawyers chained to the bottom of the ocean goes, "It's a good start". I wonder if the FDIC will ever investigate the big banks that created this mess? Seems to me there's a lot of fraud going around these days, especially in the mortgage services division.
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I hope they go after this guy, this guy, this guy, this guy, and this woman.
Apparently Stevie-boy has not felt his dick has been sucked enough lately.
But that's my hypothesis.
i feel sorta bad that he took the time to set up all those links because i have no intention of looking at any of them. he's a boring conservative moron. predictable as the sunrise. i guess the fact that we've acknowledged him means he wins another argument. idiot.
Mousing over them, they're all sites of Democratic Members of Congress.
You see, because it's not the fact that the banks were getting trillions and then defrauding thousands of Americans out of their homes, it's the fact that Barney Frank is a gay Democrat.
OH NOES! THOSE DURN COMMIE GAYS ER COMIN' TA TAKE STEVE-BOYS MUNNY N GIVE IT TA TH GUBBERMINT!
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