Congress will Act: Some bankers, financiers may go to Jail!

Just this week, some folks in Congress are discussing the possiblility of holding banks, and other lending institutions liable for the predatory lending fiasco. This even includes I believe some mortgage companies. If I am not mistaken, this in all probability means that some collection agencies that are funded or bolstered by some banks and lending institutions, might have at least one leg of their business being cut off. When Congress opens up hearings on these banks, mortgage companies, and other lenders, they will actually be looking for some of these bankers and lenders to do jail time! Yep...you heard it. Jail time! A congressman who is helping to form the investigation was being interviewed on CNN the other day and he stated that this is a bipartisan coalition effort, and he stated that this investigative process WILL HAPPEN, and that if found guilty, some high rollers will GO DIRECTLY TO JAIL!!! The FTC also is looking to strenghten the Fair Debt Collections Act on behalf of consumers! I predicted over a yr. or so ago that the Feds would have to step in to stop all of the robberies that these white collar gangsters were doing. Some, if not all of these greedy so and so's will serve time, and now because of the state of the economy...I don't see too many people objecting to this possibility. Feds I say....GO GET THE LOUSY CROOKS!!!! Also, look at Budd Hibbs' website and look at all the collection agencies that have actually closed down operations!!!