Free Republic 1st Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $15,193
18%  
Woo hoo!! And now only $197 to reach 19%!! Thank you all very much!! God bless.

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  • When Watchdogs Snore: How ABC, CBS and NBC Ignored Fannie & Freddie

    09/25/2008 5:20:56 PM PDT · by Zakeet · 7 replies · 302+ views
    NewsBusters ^ | September 25, 2008 | Rich Noyes
    The two mortgage giants Freddie Mac and Fannie Mae — seized by the government September 7 before they went completely bankrupt, at a potential cost to taxpayers of more than $25 billion — have been in obvious trouble for much of the past five years — with criminal investigations, accounting scandals, firings, resignations, huge losses and warnings from the Federal Reserve that their huge portfolio of mortgage securities posed a risk to the overall financial system. But prior to this year, the watchdogs at ABC, CBS and NBC found time for only 10 stories on the financial health and management...