Fudging Numbers | Banker Math Meets the Justice Department’s Cooks
Bloomberg-
Eric Holder has said he doesn’t know if he will stay on as U.S. attorney general, now that President Barack Obama has been re-elected. Here’s something to help them decide: A story about how the Justice Department got caught fudging its numbers on financial-fraud prosecutions -- again.
About five weeks ago, on Oct. 9, Holder held a news conference to trumpet the results of the government’s Distressed Homeowner Initiative, which he called “a groundbreaking, yearlong mortgage-fraud enforcement effort” and “the first ever to focus exclusively on crimes targeting homeowners.”