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.
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.