FBI to investigate fallen US financial giants

The FBI is investigating four major US financial institutions whose collapse helped trigger a US$700bn (€477bn) bailout plan by the Bush administration.

FBI to investigate fallen US financial giants

The FBI is investigating four major US financial institutions whose collapse helped trigger a US$700bn (€477bn) bailout plan by the Bush administration.

Two law enforcement officials said the FBI is looking at potential fraud by mortgage finance giants Fannie Mae and Freddie Mac, Lehman Brothers Holdings Inc, and insurer American International Group Inc.

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