How many HUNDREDS of millions of dollars did Clinton Democrats siphon out of Fannie and Freddie, to pocket, and finance the Democrat "Issues groups" campaigns?
And all they get is NOT EVEN a slap on the wrist?
Where is the outrage? The Screaming Occutards???
1 posted on
04/15/2015 12:46:47 PM PDT by
tcrlaf
To: tcrlaf
“pay a total of $310,000 to a fund meant to compensate defrauded investors.”
A penny on the dollar, comparatively, would be a king’s ransom.
To: tcrlaf
These people should be in GITMO..
“According to the SEC, Fannie and Freddie misrepresented their exposure to mortgages for borrowers with weak credit in reports, speeches and congressional testimony.
The SEC said Freddie told investors in late 2006 that it held between $2 billion and $6 billion of subprime mortgages on its books — but its actual subprime holdings were actually closer to $141 billion, or 10 percent of its portfolio in 2006, and $244 billion, or 14 percent, by 2008.”
4 posted on
04/15/2015 1:03:12 PM PDT by
tcrlaf
(They told me it could never happen in America. And then it did....)
To: tcrlaf
When the execs were only doing what they were told,they shouldn't have to pay any price! /sarc
5 posted on
04/15/2015 1:19:29 PM PDT by
Kay Ludlow
(Government actions ALWAYS have unintended consequences...)
To: tcrlaf
When the execs were only doing what they were told,they shouldn't have to pay any price! /sarc
6 posted on
04/15/2015 1:19:30 PM PDT by
Kay Ludlow
(Government actions ALWAYS have unintended consequences...)
To: tcrlaf
Obama's lying cronies are not going to be prosecuted for committing crimes that enriched Obama's cronies.
Meanwhile the rest of us pays for this thievery.
To: tcrlaf
This is what President Bush the younger tried to get fixed/stop, but the Dems would have none of it and it IS a large part of what led to the '08 "crash".
And now NOTHING is going to be done to the gulity?
8 posted on
04/15/2015 1:25:25 PM PDT by
nopardons
To: tcrlaf
clinton cronies started this mess and collected big bucks.
Franklin Raines - 90 million ( he gave some back)
Jamie Gorelick - 26 million
Daniel Mudd - 59 million
James Johnson - 21 million
Rahm - 300k for like 5 meetings plus 2500 shares of Freddie at a strike price of 40 bucks.
Never mind the friends that got “:grants” and “Dodd” mortgages preferences.
Course, Hillary knew nuttin about nuttin.
13 posted on
04/15/2015 5:10:24 PM PDT by
stylin19a
(obama = Eddie Mush)
To: tcrlaf
SEC Reaches "Appropriate" Settlement With Freddie Mac Execs Will Pay Nothing, Receive No Punishment...of course not - that bad stuff is all reserved for those evil bankers and Wall Street types (who learned everything they knew about hollow mortgages and worthless derivatives from watching Freddie and Fannie in action).......
To: tcrlaf
16 posted on
04/16/2015 12:41:00 AM PDT by
Talisker
(One who commands, must obey.)
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