Posted on 03/04/2009 6:25:15 PM PST by Timeout
Franklin D. Raines, the former chief executive of Fannie Mae, used a special program at mortgage lender Countrywide Financial to receive a below-market rate on a home loan, contrary to sworn testimony he made to Congress in December, according to the top Republican on the House Committee on Oversight and Government.
Rep. Darrell Issa (Calif.) released documents yesterday that he said show Raines received discounts and waivers of fees on a June 2003 home loan through the "Friends of Angelo" program, named after Countrywide's then-chief executive, Angelo R. Mozilo.
(Excerpt) Read more at washingtonpost.com ...
They're all crooks.
Yeah, but but but he’s the descendant of slaves...
Yes and I am a descendant of poor German serfs.
So what good does it do now?
That makes you a racist war criminal. :)
Ping for the list
Jim Traficant and Duke Cunningham are in jail for this type of thing.
I guess the Post is short on space.
They couldn’t find room to mention that this loan happened in the middle of the 6 years when Fannie paid him NINETY ONE MILLION DOLLARS!
Oh, nor does it mention the systemic accounting fraud at Fannie...fake profits that generated those huge bonuses!
Me too and abused Italian peasants as well.
Most Americans, as descendants of the lower classes in Europe led a life not much better than that of American slaves.
I declare March, Abused European Peasant History Month.
Poor Irish 1900.
Just keeping up with his neighbor, Senator Dodd.
Raines is a big-time crook
Yes and I am a descendant of poor German serfs.
________________________________________________
Me too (poor Catholic Germans), and Scotch-Irish Appalachians (Presbyterians), as well. How’s that for an American mutt? ;-)
Bottom line is, we can complain to each other about this kind of thing until the cows come home. But, until the mainstream media, which most of the country gets it’s info from, reports this kind of thing, it doesn’t really matter at all.
But they came over in 1900 before both WWI and WWII.
It would appear that Raines committed perjury. I'm sure Attorney General Holder is preparing an indictment even as we speak.
So, doesn’t matter. Sorry, just as many of the melanin plus crowd had free ancestors and yet get to ask for reparations, the melanin minus germanics bear the stain of war crimes. Fact and history are not the issue, the dialectic is. :)
That's only for white Republicans
They could do wonders for instilling public confidence if Raines and gorelick did the perp walk.
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