The front page of the NY Times tells the public something state prosecutors have known for several years: the feds have nearly abandoned the investigation and prosecution of financial crimes since 9/11. Resources that previously held white collar thieves back have disappeared, shifting over to anti-terrorism work.

Meanwhile, we find ourselves facing an approaching financial storm that will likely overwhelm state prosecutors. Question is, will the feds get back to protecting the public from white collar crimes? And, how will state prosecutors and investigators manage these cases?

For the story, click here.

We just had one of our first mortgage fraud type claims surface. Interestinly enought the statute (PC 32.32 I think--don't have my code in front of me)--states that the AG, Dep't of Banking, and other selected statutes agencies "shall assist" upon the request of the local prosecutor. We've made a request for investigators and a financial analyst. I'll keep you posted.

I'm thinking the AG better be asking for a bigger budget if this stuff grows like they say it's gonna.

At the jail, Young continued yelling about "how unfair the price of crack had become" and told detention deputies, "Stanky (expletives)! I brought me a ten and they're twenty tonight!"

Is this the first sign?


Details.

..and yet neither candidate is talking about how Wall Street is affecting "Joe the Crackhead". How out of touch!