Fannie, Freddie get federal grand jury subpoenas

[The Paperboy]

Fannie Mae and Freddie Mac, the U.S. mortgage finance giants that were taken over by the government this month, said on Monday they were subpoenaed for documents as part of a federal grand jury investigations into their accounting.

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[HoleInTheVoid]

The rot reaches beyond any particular admin of the thrifts and Raines, Johnson etc aren't going to be hauled in because they are protected by the shadow of a nominee for POTUS.

Shut down Fannie and Freddie. Their charter was a bad idea propped-up with bad laws meant to buy votes.

Shut 'em down.