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Sunday, February 20, 2011

FLASHBACK - Mukasey rejected congressional request for investigation of Mortgage Fraud!

Attorney General Michael B. Mukasey rejected on Thursday the idea of creating a national task force to combat the country’s mortgage fraud crisis, calling the problem a localized one akin to “white-collar street crimes.”

Mr. Mukasey made clear that he saw the mortgage fraud problem at the root of the nation’s housing crisis as a serious one. But he said he was confident that the Justice Department’s current approach — using local prosecutors’ offices around the country to oversee separate F.B.I. investigations — was adequate.

"And as a matter of course we never investigate white-collar crimes, because, well, hell, those are the bosses campaign donors!" White House Souce

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