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the question raised would be...
skippy the bush kangaroo — ... "it is clear that we had good intelligence on the mortgage-fraud schemes, the corrupt attorneys, the corrupt appraisers, the insider schemes," said a recently retired, high fbi official. another retired top fbi official confirmed that such intelligence went back to 2002. - seattle pi ...

FBI saw mortgage fraud early
Democratic Underground Latest Breaking News — ... But the agents with the expertise had been diverted to counterterrorism." . . . Both retired FBI officials asserted that the Bush administration was thoroughly briefed on the mortgage fraud crisis and its potential to cascade out of control with devastating financial consequences, but made the decision not to give back to the FBI the agents it needed to address the problem. After the terrorist attacks of 2001, about 2,400 agents were reassigned to counterterrorism duties. Read more: http://seattlepi.nwsource.com/national/397690_fbiweb28.... How many terrorism cases ...

Report: FBI saw Mortgage Fraud, Lacked Resources
Calculated Risk — From Paul Shukovsky at the Seattle Post-Intelligencer: FBI saw mortgage fraud early (hat tip John) It is clear that we had good intelligence on the mortgage-fraud schemes, the corrupt attorneys, the corrupt appraisers, the insider schemes," said a recently retired, high FBI official. Another retired top FBI official confirmed that such intelligence went back to 2002. The problem, according to the two FBI retirees and several other current and former bureau colleagues, is that the bureau was stretched so thin that no one noticed when those lenders began ...

There's More Than One Way To Protect A Country
Crooks and Liars — ... So apparently George Bush could have done something to prevent the present economic crisis, but was so obsessed with terrorism, he couldn't see the forest for the proverbial trees. (Or, less kindly, he couldn't walk and chew gum at the same time.) ...

Things From Which He Failed to Protect Us
If I Ran the Zoo — This story got lost in the stimulus-bill shuffle Wednesday, but it deserves a lot more attention than it got: The FBI was aware for years of "pervasive and growing" fraud in the mortgage industry that eventually contributed to America's financial meltdown, but did not take definitive action to stop it. "It is clear that we had good intelligence on the mortgage-fraud schemes, the corrupt attorneys, the corrupt appraisers, the insider schemes," said a recently retired, high FBI official. Another retired top FBI official confirmed that such intelligence went back ...

News of FBI investigating fraudulent mortgage practices as early as 2002-
Corrente — Gee, what one finds reading around the web. Here, Karl Denninger posts about an article in the Seattle PI: "The FBI was aware for years of "pervasive and growing" fraud in the mortgage industry that eventually contributed to America's financial meltdown, but did not take definitive action to stop it. "It is clear that we had good intelligence on the mortgage-fraud schemes, the corrupt attorneys, the corrupt appraisers, the insider schemes," said a recently retired, high FBI official. Another retired top FBI official confirmed that such ...