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Tuesday, September 23, 2008

FBI Investigating firms at center of lender meltdown

FBI investigating firms at center of meltdown
The FBI is investigating Fannie Mae, Freddie Mac, Lehman Brothers and AIG -- and their executives -- as part of a broad look into possible mortgage fraud, sources said. An FBI spokesman said 26 firms are currently under investigation as part of the bureau's mortgage fraud inquiry, CNNMoney.com reports. full story

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