Saturday, January 28, 2012

It Must Be Campaign Season - Part Whatever

The Obama administration announced Friday a new inquiry to investigate fraud in the mortgage-backed securities market, whose billion-dollar implosion helped trigger the global financial crisis.

[...]

“By bringing our government’s full enforcement resources to bear, I have no doubt that we will improve our ability to recover losses, to prevent fraud, to bring abuses to light, and to hold those who violate the law accountable,” [Attorney General Eric] Holder said in a statement announcing the probe.

[...]

Holder, who spoke just three days after President Barack Obama called for prosecution of wrongdoers in the financial meltdown in his State of the Union address, also stressed the new effort “will improve our ability to ensure justice for victims (and) help restore faith in our financial markets and institutions.”

  Raw Story
Yeah, right.

Not that the “investigation” will find any responsible persons at fault, but they didn’t even pretend to investigate all these years they’ve been in office until now.

...but hey, do what you want...you will anyway.

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