Daily Archives: October 19, 2008, 2:37 pm

Cutbacks to FBI Criminal Investigative Staff Hinder Financial Fraud Prosecutions

The FBI, which cut its criminal investigative work force by nearly one third after the attacks of Sept. 11 to focus on counter-terrorism, is now struggling to find enough agents and resources to investigate criminal wrongdoing tied to the country’s economic crisis, the NY Times reports.  Current and former officials say the cutbacks have left the FBI “seriously exposed” in…

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