There are 2 comments on the The Morning Call story from Sep 30, 2008, titled FEDERAL GRAND JURY INVESTIGATION More trouble coming. In it, The Morning Call reports that:

Adding to their woes, mortgage finance giants Fannie Mae and Freddie Mac are facing a federal grand jury investigation into their accounting practices.

Join the discussion below, or Read more at The Morning Call.


Jacksonville, FL

#1 Sep 30, 2008
"...the FBI is looking at potential fraud by Fannie, Freddie, and insurer American International Group Inc...."

Only people can be fraudulent,corporations as entties are unable to make any decisions. It is interesting that Mr.,Raines among others, received millions, fraudulently, retunred millions, as the result of the fraud, but instead of being in JAIL, are advising presidential campaigns?

When did the defense of not knowing ehat was being donem became acceptable? Ot had been that ignorance of an illegal act, was not a defense?

United States

#3 Sep 2, 2012
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