Meanwhile, in Jebbie's Florida fiefdom...
McClatchy's Miami Herald:
top Florida investigators found that state regulators failed to alert police agencies to crooked mortgage brokerages, ignored citizen complaints and allowed hundreds of people with criminal histories to peddle loans.
Investigators said the agency functioned without clear guidelines, making up rules as it went along and operating at times on wrong interpretations of the law.
''In some instances, the office was not complying with existing governing directives,'' the report states.
All the while, mortgage fraud skyrocketed during the most explosive housing boom in state history. Today, a quarter of all reported fraudulent loans across the country are for Florida properties.
The newspaper found that more than 10,000 people with criminal histories -- including bank robbers and land swindlers -- were able to peddle home loans across the state this decade. Of those, more than 4,000 cleared OFR background checks despite criminal pasts, with most committing offenses that state law required the agency to screen -- fraud, dishonest dealing and crimes of ``moral turpitude.''
The newspaper found that convicted criminals went on to steal at least $85 million from consumers and lenders.
See, there's your problem.
$85 million is chump change. The real criminals have never been convicted of any crimes, and, if you believe in the Unity Pony, never will be.