Which would have helped if it had happened back then.
You were wrong on both counts, and if someone in the private sector had made a mistake this big, you’d be demanding to see his ass in a prison cell.
But with you it’s supposed to be “oh, look, he admitted he was wrong, let’s send him back to DC for another 30 years.”
Not this time, Barney.
“He said he was defending Fannie and Freddie because he was afraid the Bush administration wanted to shut them down.”
“Both President Bill Clinton and his successor, George W. Bush, had pushed Fannie and Freddie to expand acquisition of mortgages to expand home ownership.”
I’m not sure either of these statements are true. While I remember Pres Bush wanting home ownership for many, I also remember various reports in which he and his administration wanted to reform it and warned about the direction it was headed. He and his admin got slammed by the Dims for the warnings.