ERIC H. HOLDER JR.
Prospective U.S. Attorney General
On behalf of President Elect Barack Obama
Covington & Burling LLP
1201 Pennsylvania Avenue, NW
Washington, DC 20004-2401
eholder@cov.com

Dear Prospective U.S. Attorney General Holder,

Re: Immediate Investigation of the Federal Deposit Insurance Corporation (FDIC)

As a former Department of Justice prosecutor and prospective nominee as our United States Attorney General on behalf of President elect Barack Obama you are certainly familiar with investigations/prosecution of corporate fraud. Moreover, in your current capacity as Counsel on behalf of the law firm of Covington & Burling by which the law firm also serves as Outside Counsel on behalf of the Federal Deposit Insurance Corporation (FDIC), you are aware of the integrity, ethics, and moral duty to hold Corporations and Corporate officials accountable. The Covington & Burling law firm provides that it has expertise in:

“Conducting internal investigations for financial institutions regarding compliance with domestic and foreign anti-money laundering laws, and representing such institutions before the U.S. Departments of Justice and the Treasury and the federal bank regulators.”

In accordance to the Federal Whistleblower statute; and if you are sworn into office by our United States Senate as the U.S. Attorney General, this letter serves as an official request for an investigation of reported fraud at the Federal Deposit Insurance Corporation (FDIC); and the immediate removal of FDIC Chairman Sheila C. Bair and other reported FDIC CEOs engaged into RICO (Racketeering), inside trading, money laundering, receivership fraud, bank fraud and unregistered Securities Exchange Commission (SEC) Financial fraud linked to FDIC, Indy Bank, Countrywide, AIG, Fannie Mae, Wells Fargo, Wachovia, SunTrust, Lehman Brothers, Wackenhut and other Banking and Financial Institutions.

FDIC Chairman Bair willfully and knowingly ignored reported fraud at the FDIC. FDICs unaccountable fraud aided and abetted major Banking, Financial, Foreclosure, Economical and the Housing crises throughout the United States and Foreign Countries. FDIC Chairman Bair and other financial regulators must be held accountable for negligent oversight, failure to regulate, oversee, and hold accountable reported individual officials at the FDIC. Former Congressman Albert Wynn (Maryland) specifically sent a letter to Congressman Barney Frank, Chairman Financial Services. Barney Frank ignored his mandate to investigate reported fraud. Failed to audit the FDIC, failed to hold FDIC Chairman Bair accountable; thus, he allowed Chairman Bair to falsely deceive the General Public that the FDIC is working to help the economy with knowledge that the FDIC created the Financial crises, engaged into mortgage, banking, inside trading and other reported fraud. Congress, Senate, Judiciary and the Department of Justice must “regulate the regulators” demand transparency, investigations, accountability, and prosecution of willful malfeasance, corruption and agreed.

Finally, I have enclosed a 539 page disclosure report (DVD) of the fraud I reported at the FDIC. FDICs fraud has been reported in the past by former FDIC Whistleblowers (See Exhibit B). Therefore, this is not an isolated incident. FDIC Chairman Sheila C. Bair must be immediately removed from the FDIC upon the swearing in of President Elect Barrack Obama. FDIC Chairman Bair is aware that I am a victim of Whistleblower retaliation, fraud, illegally tape-recorded at work by an unlicensed security guard; and involuntary removed from my position after 25 years of sustained outstanding services. Why? Because I had the courage, morals, and integrity to report FDIC officials receivership, banking, inside trading, money laundering, straw purchases, and ownership of banks. If sworn in as our U.S. General Counsel, please ensure that you have the courage, morals, and integrity to investigate the FDIC reported fraud. FDIC is charged with overseeing banks; not ownership of banks, Quit Claim Deeds to purchase receivership property for commercial purchases.

Sincerely,
/s/
Mrs. Yolanda C. Gibson-Michaels
FDIC Whistleblower
ygmichaels@yahoo.com

Enclosed: 539 pages (DVD) disc of FDIC reported fraud

Cc: President Elect Barack Obama
The Whitehouse
Washington, D.C.

Rahm Emmanuel, Chief of Staff