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No Charges at Fannie Mae

Posted on 08/24/2006 6:50:46 AM PDT by Lunatic Fringe

WASHINGTON (AP) Mortgage giant Fannie Mae says it has been told by the U.S. attorney's office in Washington that no criminal charges will be filed against it for accounting irregularities.


TOPICS: Crime/Corruption; Culture/Society
KEYWORDS: fanniemae; howconvenient

1 posted on 08/24/2006 6:50:47 AM PDT by Lunatic Fringe
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To: Lunatic Fringe

See, crime does pay.


2 posted on 08/24/2006 6:52:19 AM PDT by edcoil (Reality doesn't say much - doesn't need too)
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To: edcoil

You posted EXACTLY the same thing I was going to write. Why aren't we surprised?


3 posted on 08/24/2006 6:56:58 AM PDT by theDentist (Qwerty ergo typo : I type, therefore I misspelll.)
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To: edcoil
Youv'e got to be kidding how many zeros are in this discrepancy 6 or 8. just chicken feed to those a$$holes in DC. Or is it the fact that the instigator is BLACK and they don't want problems.
4 posted on 08/24/2006 6:59:54 AM PDT by snowman1
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To: Lunatic Fringe
Business as usual in the DC cesspool.
It's past time to drain that swamp.......
5 posted on 08/24/2006 7:01:38 AM PDT by MamaLucci (God Bless Our Troops)
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To: MamaLucci

I wish I could say I was surprised.


6 posted on 08/24/2006 7:03:53 AM PDT by Hydroshock ( (Proverbs 22:7). The rich ruleth over the poor, and the borrower is servant to the lender.)
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To: snowman1
Or is it the fact that the instigator is BLACK and they don't want problems.

Close.........but it's not that Raines is black, it's that he is part of the Clinton crime syndicate, and must be protected at all costs.

7 posted on 08/24/2006 7:03:56 AM PDT by MamaLucci (God Bless Our Troops)
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To: Hydroshock

And the crooks wonder why so many people don't bother to vote.


8 posted on 08/24/2006 7:07:19 AM PDT by MamaLucci (God Bless Our Troops)
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To: Lunatic Fringe

Raines' retirement package was obscene. He ran a govt chartered agency, and it will be paid for by people buying homes. Something's wrong. Better controls need to be instituted.


9 posted on 08/24/2006 7:07:42 AM PDT by Tulsa Ramjet ("If not now, when?")
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To: Lunatic Fringe

Raines received a retirement package potentially worth $25 million for him and his wife, according to a recent study by the Program on Corporate Governance at Harvard Law School.


10 posted on 08/24/2006 7:09:56 AM PDT by Tulsa Ramjet ("If not now, when?")
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To: Lunatic Fringe

Franklin Raines and Jamie Gorelick should be in PRISON!! This is sickening!!


11 posted on 08/24/2006 7:11:15 AM PDT by Suzy Quzy ("When Cabals Go Kabooms"....upcoming book on Mary McCarthy's Coup-Plotters.)
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To: theDentist

In our "modern era" ever since McCain and the Keating 5 with the 500 Billion dollar bailout of the S&L - the political class has been held to no accountability.

Corruption is spread throughout the government at every level, republican or democrat, city, state or federal.


12 posted on 08/24/2006 7:11:22 AM PDT by edcoil (Reality doesn't say much - doesn't need too)
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To: All

And add to the above ... Anyone seen the Barrett Report?


13 posted on 08/24/2006 7:14:43 AM PDT by jamaksin
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To: Lunatic Fringe
At this point, charges are the least of their worries. They hold the paper to the world's biggest lending bubble ever seen going back to the "Tulip" Mania. All these exotic loans will come back, and it's happening now to a lesser degree, to bite us all right in the arse.
14 posted on 08/24/2006 7:20:56 AM PDT by conservativecorner
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To: edcoil

Jamie Gorelick, please pick up the white courtesy phone...


15 posted on 08/24/2006 7:30:17 AM PDT by Eric in the Ozarks (BTUs are my Beat.)
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