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To: John W
since the taxpayer is stuck paying for this, firing the management is not good enough for me - anyone that got a bonus check from these failures should be prosecuted - that should have made clear to anyone accepting a job with them

especially raines and gorelick since they cooked the books (raines got fined $2 million but got bonuses in the tens of millions - his insurance paid the fine (but i bet fannie mae paid the insurance premiums))

it may be that congress forced all these bad loans into fannie mae - i am not sure about that - but i recall barney frank wanting to shove bad mortgages into fannie mae - but i bet all the clintonistas did not improve things there

democrats ran these failures - but want to demonize successful big oil - that needs to be made clear to every voter

12 posted on 09/05/2008 7:00:48 PM PDT by sloop (pfc in the quiet civil war)
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To: sloop
it may be that congress forced all these bad loans into fannie mae - i am not sure about that - but i recall barney frank wanting to shove bad mortgages into fannie mae - but i bet all the clintonistas did not improve things there

It was HUD under Andrew Cuomo and to some degree W also pushed home ownership.

20 posted on 09/05/2008 7:53:11 PM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: sloop

“democrats ran these failures”

That does not matter to the ‘Rats and MSM. Bush will still be blamed/s


22 posted on 09/05/2008 8:01:31 PM PDT by Frank_2001
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