Incorrect.
Fannie and Freddie followed the Wall Street herd into fucked-uppery (BEFORE being nationalized btw), and now we're taking measures to make sure it doesn't happen again.
Yeah, you lefty's think all lefty's are "brilliant"........Hell, you have ALL claimed Obama is "brilliant"..........Oh how wrong we now see you ALL have been.
Incorrect.
Fannie and Freddie followed the Wall Street herd into fucked-uppery (BEFORE being nationalized btw), and now we're taking measures to make sure it doesn't happen again.
Spot on with the reading skills, a nitwit and she's never been in charge of anything you say?....
"professor at Harvard Law School and the chair of the Congressional Oversight Panel for the Troubled Asset Relief Program (TARP), about the importance of transparency in consumer financing, the future of the regulatory system, and whatÂ’s good about capitalism."
spot on with pretending definitions don't count and the gov. and bus. are one and the same
Spot on with the reading skills, a nitwit and she's never been in charge of anything you say?....
"professor at Harvard Law School and the chair of the Congressional Oversight Panel for the Troubled Asset Relief Program (TARP), about the importance of transparency in consumer financing, the future of the regulatory system, and whatÂ’s good about capitalism."
spot on with pretending definitions don't count and the gov. and bus. are one and the same
Your back must be hurting from moving those goal posts.
Spot on with the reading skills, a nitwit and she's never been in charge of anything you say?....
"professor at Harvard Law School and the chair of the Congressional Oversight Panel for the Troubled Asset Relief Program (TARP), about the importance of transparency in consumer financing, the future of the regulatory system, and whatÂ’s good about capitalism."
Yep. Another nitwit who has no real life experience.
Example: we are just now finding out that TARP money was lent to a bunch of large foreign banks at 0% interest. Why didn't the Oversight Panel uncover this?
Spot on with the reading skills, a nitwit and she's never been in charge of anything you say?....
"professor at Harvard Law School and the chair of the Congressional Oversight Panel for the Troubled Asset Relief Program (TARP), about the importance of transparency in consumer financing, the future of the regulatory system, and what’s good about capitalism."
Great comprehension skill there Sparky.
Again, she's just another nitwit who's never even run a lemonade stand.
Incorrect.
Fannie and Freddie followed the Wall Street herd into fucked-uppery (BEFORE being nationalized btw), and now we're taking measures to make sure it doesn't happen again.
Bullshit... read on:
In September 2003 the Bush administration launched a measure to bring Fannie Mae and Freddie Mac under stricter regulatory control, after a report by outside investigators established that they were not adequately hedging against risks and that Fannie Mae in particular had scandalously mis-stated its accounts. In 2006, it was revealed that Fannie Mae had overstated its earnings — to which its senior executives' bonuses were linked — by a stunning $9.3billion. Between 1998 and 2003, Fannie Mae's executive chairman, Franklin Raines, picked up over $90m in bonuses and stock options.
Yet Barney Frank and his chums blocked all Bush's attempts to put a rein on Raines. During the House Financial Services Committee hearing following Bush's initiative, Frank declared: "The more people exaggerate a threat of safety and soundness [at Freddie Mac and Fannie Mae], the more people conjure up the possibility of serious financial losses to the Treasury which I do not see. I think we see entities that are fundamentally sound financially." His colleague on the committee, the California Democrat Maxine Walters, said: "There were nearly a dozen hearings where we were trying to fix something that wasn't broke. Mr Chairman, we do not have a crisis at Freddie Mac and particularly at Fannie Mae under the outstanding leadership of Mr Franklin Raines."
Exceprt from The Independent.
If she is appointed by obamaturd she has to be just another socialist idiot.I
Elizabeth Warren. She'd be a hell of a POTUS.
That woman is above reproach. I defy any of you to show me otherwise.
Spot on with the reading skills, a nitwit and she's never been in charge of anything you say?....
"professor at Harvard Law School and the chair of the Congressional Oversight Panel for the Troubled Asset Relief Program (TARP), about the importance of transparency in consumer financing, the future of the regulatory system, and whatÂ’s good about capitalism."
.
