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19 search results for: Bush, Fannie

3

Don’t worry … we’ll deal with Fannie and Freddie next year

Anyone even casually following the financial crisis, precipitated by the burst in the housing bubble which was inflated by sub-prime mortgages (low interest, no interest, no money down mortgages sold to people with sub prime credit), should know that “ground zero” in this entire meltdown was the quasi government banking institutions Fannie Mae and Freddie […]

9

GOP House Oversight Committee mortgage crisis review

Who says the Republicans in Congress are not doing anything? Even though you could call it old news, members of the GOP House Oversight Committee put together a report in review of the Fannie Mae and Freddie Mac diabolical. So why is this important? As Michelle Malkin reminds us, Rep. Barney Frank (D-Mass.) wants to […]

10

Dodd Under Fire For Allowing Bonuses-Video-Update: Dodd Responds

The NY Times is reporting (paragraph 16) that Chris Dodd included an exemption for bonuses like the ones given AIG in the February stimulus bill … I thought about adding this to Steve’s post on the Democrats going after Rob Simmons but this story is becoming bigger by the minute. The administration official said the Treasury […]