Bear Sterns execs taken in by FBI....

NEW -> Contingent Buyer Assistance Program

PeterUK_IHB

New member
....Breaking news, a lot more to follow...



Oh, apparently, there were more than 300 Mortgage and Banker scammers thrown in the Can...this is gonna be good :coolsmirk:



Edit: Make that over 400 Scapegoats....
 
<em>"The arrests came as the Justice Department in Washington announced the indictments of more than 400 players in the real-estate industry since March in a crackdown on mortgage fraud. <strong>Sixty were arrested on Wednesday alone"</strong>. </em>



<a href="http://money.aol.com/news/articles/_a/2-former-bear-stearns-hedge-fund/n20080620000009990013">Link to Peter's story</a>
 
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