WHY FANNIE MAE'S BOSS WANTS JOHN KERRY TO WIN

There is probably no body in the country who wants John Kerry elected more than Franklin Raines. Don't know who he is? Raines is the former Clinton Administration bigshot who currently runs Fannie Mae.

Back in 2000 I picked Fannie Mae as one of a few stocks to own if Al Gore became president and one to avoid if George Bush won the office.

The Democrats would protect Raines and Fannie Mae, the quasi government organization that issues mortgages, from the kind of insight that might uncover the wrongdoing that some of us suspected was occurring.

Well, it took four years after Bush won but people are now avoiding Fannie Mae, whose stock is falling amid investigations of its business ethics and accounting practices.

As I also noted four years ago, Fannie Mae is the only individual stock that Federal Reserve Chairman Alan Greenspan has ever said anything bad about.

Greenspan was worried back then that something going wrong at Fannie Mae or its sister company, Freddie Mac, would have "important consequences for the structure and efficiency of the financial markets."

Put in plain English, if something went sour at Fannie Mae there could be a big blot on the world financial system.

The current Fannie Mae story is still in the first act. But the investigation probably has Alan Greenspan wondering where the script is headed and if the Democrats will allow it to play out if they win the White House.

RAINES, FRANKLIN
WASH, DC 20008
FANNIE MAE

BONIOR, DAVID E
VIA BONIOR FOR CONGRESS
12/29/1999 500.00 20035261564

RAINES, FRANKLIN
WASHINGTON, DC 20008

TORRICELLI, ROBERT G
VIA TORRICELLI FOR U S SENATE INC
06/30/1999 500.00 99020070445

RAINES, FRANKLIN
WASHINGTON, DC 20008
FANNIE MAE

BENTSEN, KENNETH EDWARD JR
VIA KEN BENTSEN FOR CONGRESS COMMITTEE
10/21/2000 1000.00 20036670553

BOND, CHRISTOPHER S
VIA MISSOURIANS FOR KIT BOND
11/18/2003 1000.00 24020070966

CARPER, THOMAS R
VIA CARPER FOR SENATE
04/11/2003 1000.00 23020293534

CLINTON, HILLARY RODHAM
VIA HILLARY RODHAM CLINTON FOR US SENATE COMMITTEE INC
04/27/2000 1000.00 20020222609

DODD, CHRISTOPHER J
VIA FRIENDS OF CHRIS DODD 2004
06/27/2000 500.00 20020241084
09/29/2003 1000.00 23020382250

JOHNSON, TIM
VIA TIM JOHNSON FOR SOUTH DAKOTA INC
12/29/1999 500.00 20020032071
10/26/2002 1000.00 22020940618

LAUTENBERG, FRANK R
VIA LAUTENBERG FOR SENATE
10/26/2002 1000.00 22020941978

RAINES, FRANKLIN
WASHINGTON, DC 20008
FANNIEMAE

SARBANES, PAUL S
VIA CITIZENS FOR SARBANES
04/26/1999 1000.00 99020064424

RAINES, FRANKLIN
WASHINGTON, DC 20016
FANNIE MAE/CHAIRMAN & CEO

KANJORSKI, PAUL E
VIA PENNSYLVANIANS FOR KANJORSKI
10/16/2002 1000.00 22992393091

RAINES, FRANKLIN D
WASHINGTON, DC 20008
FANNIE MAE

BAYH, EVAN
VIA EVAN BAYH COMMITTEE
03/28/2003 1000.00 23020171297

BENTSEN, KENNETH EDWARD JR
VIA KEN BENTSEN FOR US SENATE COMMITTEE
01/16/2002 1000.00 22020150565

BOND, CHRISTOPHER S
VIA MISSOURIANS FOR KIT BOND
08/04/1998 1000.00 98020212373

BYRD, ROBERT C
VIA FRIENDS OF ROBERT C BYRD COMMITTEE
12/31/1999 500.00 20020021057

DEDICATED AMERICANS FOR THE SENATE AND HOUSE PAC
09/17/1999 1000.00 99034980232

FUTURE PAC - FEDERAL
10/18/2000 1000.00 20036403515

GRAMM, PHIL
VIA FRIENDS OF PHIL GRAMM
05/08/2000 1000.00 20020242321

HARMAN, JANE
VIA FRIENDS OF JANE HARMAN
12/30/1999 250.00 20035233283

KANJORSKI, PAUL E
VIA PENNSYLVANIANS FOR KANJORSKI
12/31/1999 500.00 20035170309

KIRK, RONALD
VIA RON KIRK FOR U S SENATE
10/10/2002 1000.00 22020800366

LAFALCE, JOHN J
VIA FRIENDS OF JOHN LAFALCE
10/23/1998 500.00 98034091646

NATIONAL LEADERSHIP PAC
09/28/1998 1000.00 98033602331

REID, HARRY
VIA FRIENDS FOR HARRY REID
10/24/2002 1000.00 23020052067
03/31/2003 1000.00 23020170127
07/22/2004 1000.00 24020672028

ROBB, CHARLES S
VIA ROBB FOR THE SENATE
10/13/2000 500.00 20020360336

SCHUMER, CHARLES E
VIA FRIENDS OF SCHUMER
07/18/2003 1000.00 23020451120

RAINES, FRANKLIN D
WASHINGTON, DC 20008
FANNIE MAE/CEO

LEADERSHIP PAC 2004
04/11/2003 1000.00 23990963702

RAINES, FRANKLIN D
WASHINGTON, DC 20008
FANNIE MAE/CHAIRMAN

NATIONAL LEADERSHIP PAC
12/17/2003 1000.00 24990316133

RAINES, FRANKLIN D
WASHINGTON, DC 20008
FANNIE MAE/CHAIRMAN & CEO

FEDERAL NATIONAL MORTGAGE ASSOCIATION POLTICAL ACTION COMMITTEE AKA FANNIE MAE PAC
12/12/2003 5000.00 24990251530

RAINES, FRANKLIN D
WASHINGTON, DC 20008
FANNIE MAE/CHAIRMAN OF THE BOARD

FEDERAL NATIONAL MORTGAGE ASSOCIATION POLTICAL ACTION COMMITTEE AKA FANNIE MAE PAC
03/15/2004 5000.00 24991134828

RAINES, FRANKLIN D
WASHINGTON, DC 20008
FANNIEMAE

CONRAD, KENT
VIA FRIENDS OF KENT CONRAD
06/16/1999 1000.00 99020090288

FEINSTEIN, DIANNE
VIA FEINSTEIN FOR SENATE
05/20/1999 1000.00 99020073189

OBAMA, BARACK
VIA OBAMA FOR ILLINOIS INC
06/14/2004 1000.00 24020461972

SHELBY, RICHARD C
VIA SHELBY FOR U S SENATE
12/12/2001 1000.00 22020043062
06/13/2003 1000.00 23020270751

RAINES, FRANKLIN D
WASHINGTON, DC 20008
FEDERAL NAT'L MORTGAGE ASSO

SPRATT, JOHN MCKEE JR
VIA SPRATT FOR CONGRESS COMMITTEE
10/20/1998 1000.00 98033961515

RAINES, FRANKLIN D
WASHINGTON, DC 20016
FANNIE MAE

BOWLES, ERSKINE B
VIA ERSKINE BOWLES FOR US SENATE
08/08/2002 1000.00 22020622716
08/08/2002 1000.00 22020622716
02/10/2004 2000.00 24020280596

RAINES, FRANKLIN D.
WASHINGTON, DC 20008
FANNIE MAE/CEO

AMERICAN LIBERTY POLITICAL ACTION COMMITTEE
07/16/2003 1000.00 23991797969

FORD, HAROLD JR
VIA RE-ELECT HAROLD FORD JR
05/27/2003 1000.00 23991357621

RAINES, FRANKLIN D.
WASHINGTON, DC 20008
FANNIE MAE/CHAIRMAN/CEO

EMANUEL, RAHM
VIA FRIENDS OF RAHM EMANUEL
11/20/2001 1000.00 22990368294

RAINES, FRANKLIN D.
WASHINGTON, DC 20008
FANNIE MAE/EXECUTIVE

PAC TO THE FUTURE
03/20/2003 1000.00 23990755315

RAINES, FRANKLIN D. MR.
WASHINGTON, DC 20008
FANNIE MAE/CHAIRMAN

GORE, AL
VIA GORE 2000 INC
04/04/2000 1000.00 20990123718

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