Preet was also a selective enforcer of financial crimes….
https://archives.fbi.gov/archives/newyork/press-releases/2012/manhattan-u.s.-attorney-announces-arrests-of-two-individuals-in-multi-million-dollar-scam-involving-elderly-woman
http://www.businessinsider.com/ezra-levy-of-boston-provident-partners-arrested-2009-11
http://www.businessinsider.com/david-tepper-insider-trading-wamu-2011-2
In essence, wamu loans transferred magically to JPM without regard to title chain and without regard to purchase agreement with FDIC over bank governed by the OTS.
Hedge Fund manager Rajaratnam git snagged for insider dealings, but Centerbridges Mark Gallogly magically avoided any charges as the charges stemmed to a bankruptcy proceeding were laws seem to be mere guidelines.
I would wager that the financial meltdown was Obama's stage setting as 9/11 was for Bush.