Max Gardner on The Attorney General Sellout….

” The reports released today by the Investigator General for HUD with
respect to the five major banks involved in the settlement with the
Department of Justice and the State Attorney Generals leave me with
two major questions. First, how could so many bankers have
participated in such major frauds and illegal activities for so long?
Second, why did these banks consistently hinder and delay the
investigators from the Office of the Investigator General for HUD?
The only possible answers to both of these questions is that the level
of fraud uncovered so far is only the tip of a massive mortgage fraud
iceberg.”