Already starting in the wrong foot, I’m not sure how this all will come together? There were 100 FBI agents investigating ENRON alone??

Huffington Post-

The investigators will consider a variety of cases, including false statements, mail and wire fraud, and failure to comply with the Financial Institutions Reform, Recovery and Enforcement Act of 1989, established in the wake of the savings and loan crisis. This law empowers investigators to examine wrongdoings going back a decade. Many other mortgage-related laws have statutes of limitations for less than half as long.

Already the new unit has 15 attorneys and 10 investigators, including FBI agents. Once fully staffed, it will employ roughly 55 people, in addition to the five co-chairs, and include a mix of new hires and existing personnel from participating agencies, including the Treasury Department, Consumer Financial Protection Bureau, Internal Revenue Service, Department of Housing and Urban Development and Federal Housing Administration as well as the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac. A “significant portion” of the unit will be based in Washington, D.C., though officials anticipate expanding to “at least three or four U.S. attorney offices,” as the cases unfold, said a Justice Department official.

[HUFFINGTON POST]

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