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Obama's Ineffective Investigators

State Beacon Published May 22, 2012 Reviewed Jul 2, 2026 ✓ Reviewed by citations.press editors
Obama's Ineffective Investigators
The Enron investigation team had more than 100 investigators, while the team handling the 1980s Savings & Loan crisis had more than 1,000 investigators.
more than 100 · Enron investigatorsmore than 1000 · Savings & Loan crisis investigators
Becky Bond of CREDO Action stated that a full investigation would require a couple thousand investigators and could result in criminal charges.
The Enron investigation team had more than 100 investigators.
The Savings & Loan crisis investigation team had more than 1,000 investigators.
Becky Bond, political director at CREDO Action, stated that they are advocating for "a couple thousand investigators" to be assigned to the mortgage fraud case.
about 2000 investigators · mortgage fraud case Becky Bond, political director at CREDO Action
Senior administration officials and New York Attorney General Eric Schneiderman stated that they are doubling their team to more than 100 federal and state financial experts and drawing on staff from 10 U.S. attorneys offices.
more than 100 experts · federal and state financial experts10 offices · U.S. attorneys offices Senior administration officials and New York Attorney General Eric Schneiderman
A Public Policy Polling survey released by The Campaign for a Fair Settlement last week showed that a majority of likely voters in Arizona, Nevada, and North Carolina, and almost half of all likely voters in Florida and Pennsylvania, disapprove of Obama’s housing efforts.
more than 50 percent · likely voters disapproving of Obama’s housing effortsabout 50 percent · likely voters disapproving of Obama’s housing efforts The Campaign for a Fair Settlement
Senior administration officials and New York Attorney General Eric Schneiderman stated they are doubling their team to more than 100 federal and state financial experts and drawing on staff in 10 U.S. attorneys offices.
more than 100 experts · federal and state financial experts10 offices · U.S. attorneys offices Senior administration officials and New York Attorney General Eric Schneiderman
A Public Policy Polling survey released by the Campaign for a Fair Settlement showed a majority of likely voters in Arizona, Nevada, and North Carolina disapprove of Obama’s housing efforts, as do almost half of all likely voters in Florida and Pennsylvania.
more than 50 % · likely voters disapproving of Obama's housing effortsabout 50 % · likely voters disapproving of Obama's housing efforts The Campaign for a Fair Settlement
A Public Policy Polling survey released by the Campaign for a Fair Settlement showed a majority of likely voters in Arizona, Nevada, and North Carolina disapprove of Obama’s housing efforts.
Almost half of likely voters in Florida and Pennsylvania disapprove of Obama’s housing efforts.

Liberal activists are lambasting a "special unit" tasked by President Obama with investigating mortgage fraud as under-staffed and ineffective.

"We’re not talking about putting people in jail by executive order," said Becky Bond, political director at CREDO Action. "We’re just talking about putting a couple thousand investigators on the case. We believe if there’s a full investigation, that’ll result in criminal charges."

Senior administration officials and New York Attorney General Eric Schneiderman said they’re busy behind the scenes doubling their team to more than 100 federal and state financial experts and drawing on staff in 10 U.S. attorneys offices around the country. Matthew Stegman, an assistant U.S. attorney, has been tapped as the group’s lead coordinator, according to three sources familiar with the task force’s work.

By comparison, the team that probed Enron had more than 100 investigators, and the team that dealt with the aftermath of the 1980s Savings & Loan crisis was assigned more than 1,000 investigators.

Last week, the Campaign for a Fair Settlement released a Public Policy Polling survey that showed a majority of likely voters in Arizona, Nevada, and North Carolina disapprove of Obama’s housing efforts, as do almost half of all likely voters in Florida and Pennsylvania—all key swing states in the upcoming election.

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