I'm thinkin' there's a bigger story here...Today?
... Me? I keep thinkin' the Enron collapse is the model to keep in mind, and that fraud at Fannie & Freddie ain't the end of the story.
Has anyone suggested serious fraud investigations of the Big Banks and other Wall Street giants? Citi, Wells Fargo, Goldman/Sachs???
(... and I note that both Bulls & Bears have more than 2 feet!)