Fannie Mae's (FNMA.OB) major settlement with Bank of America yesterday takes care of about 75%...

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Remyngton Comments (349)
 
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FNM and FRE .... $400 Billion taxpayer losses

Barney Frank , Chris Dodd , Charlie Rangel and Maxine Water's lasting legacy


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8 Jan, 01:44 PM Reply Like

Buckoux Comments (4043)
 
There will be no justice for the taxpayer until former Fannie Mae, CEO's and executives salaries are "clawed back" to include, but not limited to:

1. James A. Johnson, CEO, 1991-'99 began easing loan standards.
2. Franklin D. Raines, CEO (friend of Obama), 1999-'04
2a. Tim Howard, CFO under Raines.
2b. Jamie Gorelick, (friend of Bill) Vice-Chairman of FM. 1997-'03.

And last, but by no means least, honorable mention to the US Presidents that put all these evil people into motion with their poorly thought out policies:

1: Lyndon Johnson for taking FM "private".
2. G.H.W. Bush (Rino) for extending FM's charter to "affordable housing".
3. W.J Clinton, for pressuring FM to make more risky "low income "
loans.
4. G.W. Bush, (Rino), for his "Ownership Society".

On second thought, perhaps the taxpayer deserves the bill for electing these clowns to positions beyond their ken and conscience..
8 Jan, 04:01 PM Reply Like

Remyngton Comments (349)
 
Barney Frank , Chris Dodd , and Maxine Waters wouldn't allow Bush to regulate them in 2003 or 2005 . The bills were held up in committee and never allowed to hit the floors of House or Senate

Like Harry Reid does with budgets , as the Senate hasn't voted on one in 3 years because they never hit the floor
9 Jan, 02:51 PM Reply Like