http://online.wsj.com/article/SB10001424052748703628204575619000289073686.html?mod=WSJ_hp_LEFTTopStories

So what's wrong with this picture>
The FDIC is now going to investigate all your local banks that have gone bust, but chooses to look the other way over the fraudulent activities of the Investment Banks.
Only in America folks.

The Federal Deposit Insurance Corp. is conducting about 50 criminal investigations of former executives, directors and employees at U.S. banks that have failed since the start of the financial crisis.


In an interview, Fred W. Gibson, deputy inspector general at the FDIC, which works with the Federal Bureau of Investigation to investigate crime at financial institutions, said the probes involve failed banks of all sizes in cities across the U.S. The FDIC is also ramping up civil claims to recover money from former bankers at busted lenders. He declined to identify any of the people or banks under investigation.