Even the most liberal media outlets claim the bank settlement might make things worse for the housing market. It's a win-win for the white house though. They get an unexpected 20 Billion dollar cash windfall that they can use to buy votes and they get to pretend the banks are the evil empire. Meanwhile Frank Raines who allegedly cooked the books in Fannie Mae to show a fake profit tied to his bonus money to the tune of 90 Million for three years work continues to serve as an Obama financial adviser and the crooked former democrat governor of N.J. Jon Corzine walks away free after stealing billions from investors..
