Moderators lazarus Posted October 19, 2010 Moderators Posted October 19, 2010 Barney Frank didn't create mortgages that were designed to fail and then bet on the failing. Barney Frank didn't fraudulently present securitized mortgages so that they would receive triple A ratings when they were in fact triple B minus. There was stunning fraud on a massive scale. Quote Great spirits have always found violent opposition from mediocrities. The latter cannot understand it when a man does not thoughtlessly submit to hereditary prejudices but honestly and courageously uses his intelligence. Einstein
Dr. Shane Posted October 19, 2010 Posted October 19, 2010 "In the 1990's, Barney Frank’s efforts to deregulate Fannie Mae may have been a serious conflict of interest because his lover, Herb Moses, was an executive for Fannie Mae at the time Frank's was on the House Banking Committee, which had jurisdiction over Fannie Mae." Quote Pastoral Family Counselor... Find me at www.PostumCafe.com Author of Peculiar Christianity
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