Bloomberg.com: Special Report: "Dec. 22 (Bloomberg) -- The FBI has engaged in “triage,” taking agents off terror and other crimes to respond to a cascade of financial frauds such as the alleged Bernard Madoff Ponzi scheme, the head of the bureau’s New York criminal division said.
The Federal Bureau of Investigation was forced to reallocate its manpower in New York to deal with recent frauds involving subprime mortgages, auction-rate securities and Madoff, who prosecutors said confessed this month to bilking investors out of $50 billion, FBI official David Cardona said in an interview."
And the hits keep coming. I wonder what al-Qaeda is doing while our attention is diverted to this mess. Of course we can always feel safe in the fact that GWB has kept us from another attack (or so he says). Again, just a little reminder, it was eight years between the first World Trade Center attack and September 11th.
Monday, December 22, 2008
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