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Taxpayers on Hook for Mortgage Executives' Legal Defense Costs

National News • November 7, 2008
When the U.S. government took over mortgage giants Fannie Mae and Freddie Mac, taxpayers inherited more than just bad debts. They're also potentially on the hook for tens of millions of dollars in ...

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Subject: Fanny Hussein Mae

Posted On: November 7, 2008, 2:00 pm CST
Posted By: Obama bin Biden
Comment:
Obama's economic advisers Franklin Raines and Jim Johnson, who ran Fanny & Freddy, and went away as multi-millionaires. Their job was to ensure that 50% of mortgages were subprime. You know, lent to people who couldn't pay them back.

The one man responsible for rallying support for Obama early on among Congressional Democrats is Rep. Rahm Emanuel, who served on the Board of Directors for Freddie Mac after leaving the Clinton White House. According to Freddie Mac insiders, Emanuel during his time on the board opposed every reform proposed by the Bush Administration that would have impacted Freddie and Fannie Mae. He's now bHusseinO's White House chief of staff.

Although only in the senate for three years, no one got more money from Fanny than bHusseinO - except Chris Dodd (D. CT), chairman of the senate banking committee.

"Ok folks, move along, nothing to see here..."
Subject Posted By Posted On
RE: RE: fat cats soccer/insmom
Nov 10, 2008, 9:59 am
Taxpayers on Hook for Mortgage Executives' Legal Defense Cos Pedro
Nov 10, 2008, 6:58 am
RE: RE: AIG policy lastbat
Nov 7, 2008, 6:32 pm
RE: AIG policy notautoinsguy
Nov 7, 2008, 5:46 pm
AIG policy??? insguy
Nov 7, 2008, 4:30 pm
Give 'em 30 Days Dread
Nov 7, 2008, 2:52 pm
RE: fat cats Middle Class
Nov 7, 2008, 2:40 pm
Fanny Hussein Mae Obama bin Biden
Nov 7, 2008, 2:00 pm
RE: Legal Defense costs BK
Nov 7, 2008, 1:57 pm
Quote of the day Bill
Nov 7, 2008, 1:51 pm
RE: RE: RE: probably AIG policy too Donna
Nov 7, 2008, 1:45 pm
One Stipulation Dread`
Nov 7, 2008, 1:43 pm
Is Anyone Surprised? Louie Cypher
Nov 7, 2008, 1:32 pm
RE: RE: RE: probably AIG policy too AIG'er
Nov 7, 2008, 1:32 pm
RE: RE: RE: probably AIG policy too Blind
Nov 7, 2008, 1:32 pm
Legal Defense costs rcb
Nov 7, 2008, 1:26 pm
RE: RE: probably AIG policy too Compman
Nov 7, 2008, 1:08 pm
RE: probably AIG policy too lastbat
Nov 7, 2008, 10:12 am
probably AIG policy too Matt
Nov 7, 2008, 9:51 am
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