Lawmaker Accused of Fannie Mae Conflict of Interest

Friday , October 03, 2008
By Bill Sammon

WASHINGTON -
Unqualified home buyers were not the only ones who benefitted from Massachusetts Rep. Barney Frank’s efforts to deregulate Fannie Mae throughout the 1990s.

So did Frank’s partner, a Fannie Mae executive at the forefront of the agency’s push to ( Read more... )

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Media Mum on Barney Frank's Fannie Mae Love Connection

Democrats Covering up the Fannie Mae, Freddie Mac and Economic Crisis

Added: September 27, 2008

Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis.

At a 2004 hearing see Democrat after Democrat covering up and attacking the regulations ( Read more... )

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S&P: Home prices post 16 pct. annual drop in July

41 minutes ago

A closely watched index shows home prices tumbling by the sharpest annual rate ever in July, but the rate of decline is slowing.

The Standard & Poor's ( Read more... )

Capitol Hill Switchboard: (202) 224-3121 -- "You MUST reject the Paulson/Bernanke plan for bailing out and propping up reckless banks at taxpayer expense."

Action Alert

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Predatory Lenders' Partner in Crime


Added: September 24, 2008

Mortgage crisis from Bush speech in 2002 encouraging Freddie Mac and Fanny Mae

"Fannie Mae and Freddie Mac will ( Read more... )

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Lehman's Bankruptcy and the Hidden $138 Billion Bailout of JP Morgan

• Julia Kollewe
• guardian.co.uk,
• Wednesday September 24 2008 09:53 BST
  

( Read more... )

The New York Times

September 22, 2008
Loan Titans Paid McCain Adviser Nearly $2 Million
By DAVID D. KIRKPATRICK and CHARLES DUHIGG

Senator John McCain’s campaign manager was paid more than $30,000 a month for five years as president of an advocacy group set up by the mortgage giants Fannie Mae and Freddie Mac to defend them against stricter regulations ( Read more... )

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Derivatives Trade Soars To Record $681 Trillion
New Rule: If your company is to big to fail, your company is too big to exist. The next President needs to split up huge companies like we did with AT&T.

IT’S THE DERIVATIVES, STUPID!
WHY FANNIE, FREDDIE AND AIG ALL HAD TO BE BAILED OUT


Ellen Brown, September 18, 2008


“I can calculate the ( Read more... )

Added: September 18, 2008

Click to view

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Fannie and Freddie Become Penny Stocks - Part V

press box: Media criticism.A list of villains in boldface.
By Jack Shafer
Posted Tuesday, Sept. 16, 2008, at 5:41 PM ET
( Read more... )

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Nearly 25% of U.S. fuel production shut

Crisis on Wall Street
Posted Sep 15, 2008 09:35am EDT by Aaron Task in Investing, ( Read more... )