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Fannie Mae CEO "Highly Embarrassed" By Dallas Office's Golf Outing
Dallas Observer ^ | December 16th, 2008 | Robery Wilsonsky

Posted on 12/16/2008 11:33:07 AM PST by pikachu

In early November, KTVT-Channel 11 busted 14 Dallas Fannie Mae employees for teeing off at the Cowboys Golf Club in Grapevine -- 22 days after the feds took over Fannie Mae, whoops. Said the CBS affiliate, taxpayers coughed up $6,279.26 for the golf outing, which "outraged" Rep. Jeb Hensarling. So much so he shot off a missive to House Financial Services Committee Chairman Barney Frank in which Hensarling demanded an investigation: "Since the American people have put their tax dollars at risk to bail out the financial decisions of Fannie Mae, I want to ensure that their dollars were not being used to subsidize golf, booze, and mango towel service -- whatever that is."

(Excerpt) Read more at blogs.dallasobserver.com ...


TOPICS: Government
KEYWORDS: fanniemae; golfouting
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Fannie Mae golf trip mulligan
1 posted on 12/16/2008 11:33:07 AM PST by pikachu
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To: pikachu

Let me just say, having played there, that on a hot day, an ice cold mango scented towel is nothing to sneeze at.


2 posted on 12/16/2008 11:35:21 AM PST by Republic of Texas (Socialism Always Fails)
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To: pikachu

Dallas - Chicago - New York

every culture rips of the public in different ways


3 posted on 12/16/2008 11:36:23 AM PST by elpadre (nation)
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To: elpadre

At least in Dallas you can get a round of golf in while you are fleecing the public!


4 posted on 12/16/2008 11:38:08 AM PST by Republic of Texas (Socialism Always Fails)
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To: pikachu

Where are the cries for a “perp walk”? Embarrassed, my aunt’s sweet patootie! Lock him up and throw the key away. The managers and expense accountants that sign off on this are just as guilty.

How about we use his credit card to pay our bills? Fraud, you say. That goes both ways, brother.


5 posted on 12/16/2008 11:43:19 AM PST by NTHockey (Rules of engagement #1: Take no prisoners.)
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To: Republic of Texas

I would love to see the golf scores with this bunch. No erasers needed, just plain good old cheating.


6 posted on 12/16/2008 11:43:45 AM PST by mmanager (It is time to prune the tree.)
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To: pikachu

I’m sure there will be harsh repercussions.


7 posted on 12/16/2008 11:43:51 AM PST by Wolfie
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To: mmanager

Fanny Mae got a “mulligan” from the government.


8 posted on 12/16/2008 11:44:28 AM PST by dfwgator (I hate Illinois Marxists)
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To: pikachu

“So much so he shot off a missive to House Financial Services Committee Chairman Barney Frank in which Hensarling demanded an investigation: “

He shouldn’t waste his time. Any shots sent to Bawney Fwank get sucked into a brown hole.


9 posted on 12/16/2008 11:50:00 AM PST by Hacklehead (Liberalism is the art of taking what works, breaking it, and then blaming conservatives.)
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To: pikachu
Said the CBS affiliate, taxpayers coughed up $6,279.26 for the golf outing

So we're supposed to be outraged at a $6300 golf outing, but not the eight (8 !) figure "bonuses" paid to an assortment of Democrat Party hacks.

ML/NJ

10 posted on 12/16/2008 11:52:48 AM PST by ml/nj
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To: Hacklehead
Yikes, if Barney gets mad some Fannie may get a spanking, maybe his ‘partner’ who helped Franklin Raines loot the the place.
11 posted on 12/16/2008 11:56:25 AM PST by Old North State
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To: pikachu

$6300 for an office golf outing? Big friggin’ deal! Let’s talk about how much Fannie Mae contributed to Barney Frank and Chris Dodd and 0baambi. Let’s talk about how many millions Franklin Raines made/stole! What a friggin’ joke, These poor bastards are gonna pay big time but the real thieves, liars and cutthroats will be in the House, Senate and White House.


12 posted on 12/16/2008 11:59:27 AM PST by pgkdan
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To: ml/nj

That’s what I’m talking about!


13 posted on 12/16/2008 12:00:05 PM PST by pgkdan
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To: pikachu
14 Dallas Fannie Mae employees for teeing off at the Cowboys Golf Club in Grapevine -- taxpayers coughed up $6,279.26 for the golf outing...

Many FReeper taxpayers enjoy golf outings at $448 a round?

14 posted on 12/16/2008 12:49:07 PM PST by RJL
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To: pgkdan; ml/nj

“The poor bastards”... My heart bleeds for them. You know, it must be absolutely rotten to lose billions of dollars and then have to suffer the indignity of being subbed so they can play a round of golf. How they can cope the humiliation, I will never know.

Altogether now: “I knock you down, you pick me up again, and I ain’t never gonna miss my golf...”

The term “Merchant Banker” is known around the English-speaking world for rhyming slang. The word it replaces, to use its closest and politest equivalent in American, is “jerk-off”. Canadians, Australians, Brits, Irish, South Africans... doesn’t matter where you go, English-speaking people get the joke straight away. Bankers ARE jerk-offs.

These degenerate golf-playing muppets might be marginally more use to the rest of society than the average degenerate welfare scrounger, but we could’ve kept ten million degenerate welfare scroungers fed and watered for a hundred years, and spent less money than it cost to keep these wasters in jobs. (Or playing golf).

If these idlers were on welfare you’d be screaming at them to go out and get a proper job instead of poncing off the state, but NO. They’re BANKERS, so they can be completely bloody pointless, state-funded, unproductive and STILL you give them the benefit of the doubt.


15 posted on 12/16/2008 12:58:57 PM PST by Don Stadt
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To: Don Stadt
I think that was a rant.

ML/NJ

16 posted on 12/16/2008 1:03:07 PM PST by ml/nj
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To: pikachu

Whenever I want to explain to someone how totally absurd our Federal government is, I tell them to consider that the Chairman of the House Financial Services Committee is a sexual deviant with a speech impediment.


17 posted on 12/16/2008 1:05:33 PM PST by N. Theknow (Kennedys: Can't fly, can't ski, can't drive, can't skipper a boat. But they know what's best.)
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To: pikachu

I live in Dallas, right across the street from a golf course. I have baskets of golf balls collected on my many walks on the course and bad drives into my yard.

How about if we play dodge ball with these guys, only these guys are the targets and we use golf balls......We can do this from the comfort of my front porch ....... adult beverages provided......


18 posted on 12/16/2008 1:53:31 PM PST by Kimmers
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To: pikachu

This has all been planned. Public outrage at these practices will “force” the government to intercede more and more into all these business, and this will lead to government takeover. What will it turn out to be? Fascism or socialism?


19 posted on 12/16/2008 1:58:21 PM PST by vpintheak (Like a muddied spring or a polluted well is a righteous man who gives way to the wicked. Prov. 25:26)
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To: pikachu

Everyone is embarrassed when they get caught.


20 posted on 12/16/2008 2:45:14 PM PST by TigersEye (This is the age of the death of reason.)
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