Saturday, October 04, 2008

Senator calls for Justice Dept. to investigate institutions in financial crisis.

Senator Kent Conrad, D-North Dakota, has sent a letter to Attorney General Mike Mukasey calling for a criminal investigation into the failed economic crisis.

“…Given the gravity of the situation, the American people need to know if any of the blame lies with the wrongdoing of any individuals or institutions,” writes Conrad. “It is my understanding that the FBI has undertaken investigations into certain activities of AIG, Lehman Brothers, Fannie Mae and Freddie Mac. I call upon the Justice Department to expand its scrutiny of the financial and housing industries in order to expose possible wrongdoing at other institutions that may have contributed to the present state of our markets and economy. Any violations of law must be prosecuted and those responsible must be held accountable.”


Absolutely Senator. How about we start in the Halls of the Congress? That is where my investigation would start, and the first person I would interrogate is Rep. Barney Frank, D-Mass., the Financial Services Committee chairman.

1 comment:

Anonymous said...

Don't forget about Chris Dodd!