"the thousands of financial fraud investigations are putting a strain on the FBI's ability to fight other kinds of crimes. Agents are juggling the demands of financial cases with the need to prevent terrorism"
Why would terrorists attack us when the financial system is collapsing of its own accord and we are so divided? CUI BONO?
Either the FBI is a step behind and covering up or facilitating crimes with its informants.
Related: FBI Says Bailout Bill Encourages Fraud
And now that the FBI is looking there....
"FBI speeds up pace of financial probes" By Associated Press | March 26, 2009
WASHINGTON - Federal agents and prosecutors are accelerating their probes of some financial fraud cases amid growing public demand for a quicker crackdown on Wall Street misdeeds, FBI director Robert Mueller told Congress yesterday.
Lawmakers prodded Mueller to move faster to bring charges against suspected swindlers.
"I get the question all the time, 'What's going on? Where's the accountability? Who's going to jail?'," Senator Arlen Specter, Republican of Pennsylvania, said at a hearing of the Senate Judiciary Committee.
Mueller had just finished explaining that the bureau has seen its mortgage fraud cases balloon to more than 2,000, in addition to more than 566 open corporate fraud investigations.
"We're prioritizing our cases to get the most egregious early and put those persons away. So we share your concern," the director said.
Mueller told the panel that the thousands of financial fraud investigations are putting a strain on the FBI's ability to fight other kinds of crimes.
Agents are juggling the demands of financial cases with the need to prevent terrorism, he said, as well as fighting public corruption. Mueller called that the bureau's number one criminal priority. Currently the FBI is investigating 2,500 pending public corruption cases, an increase of more than 50 percent since 2003, Mueller said.
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