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Re: fsshon post# 83746

Wednesday, 07/29/2009 7:25:30 PM

Wednesday, July 29, 2009 7:25:30 PM

Post# of 749756
Is JPM on the List to be Investigated by Congress?

From The WSJ.

http://online.wsj.com/article/SB124890898142691729.html?ru=yahoo

WASHINGTON -- A Senate panel has subpoenaed financial institutions, including Goldman Sachs Group Inc. and Deutsche Bank AG, seeking evidence of fraud in last year's mortgage-market meltdown, according to people familiar with the situation.

The congressional investigation appears to focus on whether internal communications, such as email, show bankers had private doubts about whether mortgage-related securities they were putting together were as financially sound as their public pronouncements suggested. Collapsing values for many of those securities played

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