Top feds scouring WaMu files for evidence of fraud

[TechBear_Seattle]

Source: Seattle Times

Federal agents and prosecutors are interviewing former Washington Mutual officials and combing through a staggering number of documents as they investigate whether fraud played a role in the largest bank failure in U.S. history.

A grand jury has been convened, and at least four of the most experienced complex-crime prosecutors in the U.S. Attorney's Office have been assigned to the probe, according to multiple sources.

The probe was announced by the U.S. Attorney in Seattle three weeks after the collapse of Washington Mutual last fall. Despite the official silence since then, interviews with federal law-enforcement officials familiar with the investigation show there's been plenty of activity behind the scenes.

Read more: http://seattletimes.nwsource.com/html/businesstechnology/2008878031_wamu180.html

[radfringe]

1. I'm sooooooooooo surprised.... NOT... n/t

[notesdev]

2. I AM surprised actually

Never thought anyone would really bother to look.

[radfringe]

3. ROFLROFLROFLROFLROFL --- duzy!!! N/T

[Robbien]

4. Ha. The headline says the Feds are scouring. Why are they scouring,

Fraud is out there in the open all over the place at WaMu central.

[aquart]

5. Check the questionnaire for prospective employees.

Note how many times and in how many ways it asks if the prospective employee is willing to advocate financial products for people who are clearly unqualified for them.

[truthisfreedom]

6. Is there anything that isn't being investigated? How many investigators are involved in this Wall

Street mess?