FBI begins widespread financial probe of 26 firms
Thursday, September 25, 2008
The FBI is investigating 26 firms and 1,400 individuals involved in the US financial crisis for fraud and "sub-prime lending practices". Freddie Mac, Lehman Brothers, Fannie Mae and AIG are among the firms being scrutinized after recently receiving federal bailouts. Investigators, who are cooperating with the IRS, Postal Office, and other federal offices to complete...