I just got through watching a Fox News Watch episode where Pinkerton excoriated the press for not seeing and reporting on ths scandal...and now this. How could the media be any more in bed with the story???- maybe they want us to belive that they are like Matalin and Carville and they never bring their work home. And Freeh? Seriously? What was Fannie May- and landing strip for incompetence?
“What was Fannie May...?”
Payoffs, corruption and the raping of the American taxpayer.
From, of all places, MSNBC: “Report: Fannie Mae manipulated accounting Executive bonuses drove practices; mortgage giant fined $400 million”
http://www.msnbc.msn.com/id/12923225/
From Google:
Fannie Mae reported paying the following executive bonuses in 1998:
chairman and chief executive James A. Johnson received $1.932 million;
Franklin D. Raines, chairman-designate, received $1.11 million;
Chief Operating Officer Lawrence M. Small received $1.108 million;
Vice Chairman Jamie S. Gorelick received $779,625;
Chief Financial Officer J. Timothy Howard received $493,750; and
Robert J. Levin, an executive vice president, received $493,750.
“Money for nothin’ and your chicks for free.”