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Presidential Stamp of Approval
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May 13, 2009
Once the Senate agrees to some changes in a new bill on the table and President Obama gives his stamp of approval, as expected, the Federal Bureau of Investigation could see its staff and resources double. The new bill provides $532 million for mortgage and securities fraud investigation.
The additional funding will help investigation of big banks and promises to have a bigger impact on mortgage fraud scams across the nation. The Senate passed the bill 92-4 last week.
Read story at Yahoo Finance News
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