FBI has opened preliminary investigations into several financial institutions whose collapse created chaos
FBI has opened preliminary investigations into several financial institutions whose collapse created chaos on Wall Street,
Investigators are probing investment bank Lehman Brothers and insurer American International Group, or AIG, for possible fraud, according to law enforcement officials. A senior official tells ABC News that lending giants Freddie Mac and Fannie Mae are in the government's sights, as well.
The news comes as the Bush administration attempts to hash out with lawmakers a $700 billion bailout plan for financial institutions that are staggering.
Investigators are probing investment bank Lehman Brothers and insurer American International Group, or AIG, for possible fraud, according to law enforcement officials. A senior official tells ABC News that lending giants Freddie Mac and Fannie Mae are in the government's sights, as well.
The news comes as the Bush administration attempts to hash out with lawmakers a $700 billion bailout plan for financial institutions that are staggering.
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