Fast and Furious and OCDETF

On March 22, 2011, in an interview on Spanish-language television, President Obama, unbidden, brought up Fast and Furious in what were obviously considered remarks. He declared:
There have been problems, you know. I heard on the news about this story that — Fast and Furious, where allegedly guns were being run into Mexico, and ATF knew about it, but didn’t apprehend those who had sent it. Eric Holder has — the attorney general has been very clear that he knew nothing about this.
By the time the president volunteered these words, a cover-up was already well underway within his administration. … In particular, you’ll want to introduce yourself to “OCDETF" … unknown to the public — and boy, does the administration ever want to keep it that way. … Organized Crime Drug Enforcement Task Force. … Besides developing and exploiting informants, the agencies infiltrate criminal conspiracies with undercover agents, use the information gathered as the basis for wiretaps, and coordinate this eavesdropping with physical surveillance. It takes scores of agents to monitor bugs, conduct sometimes 24/7 spying on multiple subjects, and manage informants, who tend to be very high-maintenance. This costs money, lots of money. … investigative techniques for which federal law requires approval by the attorney general or his designee…. the Obama administration has offered a palpably false narrative about Fast and Furious. It is this: Acting on their own, recklessly irresponsible ATF agents in Arizona — under the ostensible direction of the local U.S. attorney, who was actually asleep at the switch — dreamed up the Fast and Furious investigation, with its rogue “gunwalking” tactic. … In fact, Fast and Furious was an OCDETF case. That made it a Main Justice case, not the orphan Arizona debacle of media portrayal. … the defining features of OCDETF are investigative coordination under the Justice Department’s leadership and the liberal sharing of information across the department’s array of agencies.