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Did the FBI conclude its investigation of Lehman Brothers Fannie Mae Freddie Mac and insurer AIG before the US government went ahead with the 700 billion dollar bailout?
Nirel
The FBI has just started an investigation into the collapse of Bear Stearns, Fannie, Freddie, Lehman and AIG. This investigation will likely takes months if not years and will not affect the federal bailout.
The investigations were really about the balance sheets of all the names above to find out how much they really needed and most of the people who looked into the balance sheet were Goldman and other wall street firm bankers. Without These bankers who looked at the balance sheets they wouldn't have known how much the economy needed. So although the FBI started an investigation the people who really did it were the bankers
Wiki User
∙ 12y ago
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Did the government backing Fannie May and Freddie Mack and forcing them to lend 40 percent of the loans to underqualified buyers cause the housing bubble and this crisis?
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A british boxer named Freddie last name forgotten during the 50's and 60's?
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no
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No one really knows.
