Posted on 03/04/2009 2:29:53 PM PST by Renkluaf
Franklin Raines, the former chief executive of Fannie Mae, benefited from special perks given by the head of besmirched mortgage lender Countrywide Financial, the top Republican on the House Committee on Oversight and Government Reform said on Wednesday.
(Excerpt) Read more at thehill.com ...
Him walking away with $91M is obscene- why hasn’t Zero singled him out as the thief he is?
And dodd. and fwank.
%^$#*&#$&$!!
Response: No.
This isn’t the guy that was pounding Barney Frank’s cornhole, is it?
No, he was just pounding the taxpayers’.
“And dodd. and fwank.”
The most dreaded letters in the english language; D-MA.
Seriously, think about it.
John Francois Kerry, the poor guy sent into cambodia by Nixon BEFORE he was president, Big Head Ted Kennedy (aka the Driver) killer and molester of beautiful young ladies, Bawney Fwank, the Owner and Propritor of a Male Brothel, and the Little Boy Molester, The Honorable Gerry Studds (winner of the most ironic name award) all from the same state.
Unbelievable that a state full of people could be so twisted in their thinking to keep sending these asshat clowns back to DC. These degenerates have hurt us so deeply it boggles the mind, saddens the spirit and wrenches the gut...
This guy deserves to be prison for a long time. The hypocrisy on the left is astonishing.
and nothing will come of it.
Obama’s “pets” get away with everything.
Ken Lay did much less damage and he was going to jail!
Yes, I'm surprised the GOP is finally showing some fight.
Wasn’t Reines Ceo at Fannie Mae or Freddie Max? and later Obama asked him to be part of his campaign team? This doesn’t surprise me. Sounds like a pay off to me. The same techique they used at Fannie Mae and Freddie Max to bundle bad loans was probably used in getting campaign contributions from over seas. So many small contributions came from overseas that could need be traced.
I do not trust a word that comes out of Obama’s mouth ! !
Reines had the distinction of being the first one under the bus, if I remember correctly...
When are we going to claw back the bonuses given to the handmaidens of this disaster?
That was 10 years ago...I wonder how much they would be making now...So in other words Obama and the crooked politicians really don’t need to worry about tax increases or the bad economy for that matter. They will be taken care of one way or another.They’ll take care of each other. The lower class will be getting handouts. Those who foreclose on their homes will get help and the middle class get what? And small business owners will be paying higher taxes. The politicians and these CEO’s will be taken care of. I guess we’ll be left with change in our pockets.
Um.......where’s the closest tea party....
Amen to that. And why is it ok for Obama to blow taxpayer money for private jets, helicopters and parties, but not ok for Company Executives?
A Freeper on a previous thread posted an article that showed the amount of sub-prime mortgages bought by the FMs was a lot more than they've admitted to. A report published by Edward Pinto, an ex-officer at Fannie Mae, showed that the non-prime loans totaled 44% of all loans double the pre-September estimates. Only by fudging the facts did the FMs makes it appear that those loans were not sub-prime loans. They're lying to this day about their involvement and blame for the mess.
bump
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