L'il 'O Shows His Fannie

Discussion in 'Congress' started by HoleInTheVoid, Sep 17, 2008.

  1. HoleInTheVoid
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    HoleInTheVoid Active Member

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    Heading back to May 2008:

    Barack Obama Taps Former Fannie Mae CEO Jim Johnson to Help Choose Running Mate - Associated Content

    This would go far in explaining the Biden pick: an overpriced property pushed by a lender who ignores the borrower's total lack of steady employment history to make a risky loan in the hopes some other sucker will buy it before it blows-up.
     

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