In Nashville Tennessee a former financial advisor, Gordon Griggs will plead guilty to charges fraud in dealing with nations Federal Bailout Plan. Charged with four counts of mail fraud and four counts of wire fraud he was using the bailout as means of luring investments. With this much money circulating there are bound to be cases like these, however aren't people like Griggs possibly going to be the ones that take us from a sustainable recession to an all out depression? We have to question what other investigations are being drwan into to prevent such a fatal disaster?
Matthew Tucker
POS-1041
11:35am T/R
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This is the problem with the bailout plan there is 700 billion and no one knows if it is being used correctly. This is one of many stories were most likely going to hear about this money being misused. The federal regulators need to keep a very close look out on the firms and individuals dealing with this money.
Cody Chivas
POS 1041
T/R: 11:35
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