The FBI is investigating
, the four financial firms whose collapse led to a $700 billion
plan by the U.S. government, according to published reports.
Two law enforcement officials said the FBI is looking at potential fraud by the companies, reports the
The inquiries will focus on the financial institutions and the individuals that ran them, a senior law enforcement official said, the
declined to comment, the
Wall Street Journal
reported. A spokeswoman for the Federal Housing Finance Agency, which regulates Fannie and Freddie and has both companies in conservatorship, also declined to comment.
This article was written by a staff member of TheStreet.com.