Community | December 04, 2010 | 2 comments

Who covered up the Fannie Mae and Freddie Mac subprime mortgage crisis?

source: http://www.youtube.com/watch?v=_MGT_cSi7Rs

maasanova
Not really "new" news, but the url didn't come up as this having been posted before. Besides it's a good reminder of who was really making sure the fat cats on Wall Street would ultimately get bailed out and leave the tab for the little people.

Find put who acted as shills for the corrupt lending giants Fannie Mae and Freddie Mac and tried to cover up the scam that caused an economic crisis in the United States
  1. groups:
    Community,   Corruption
  2. tags:
    Economy,  Finance,  Democrats,  Corruption,  5 more
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2 comments // Who covered up the Fannie Mae and Freddie Mac subprime mortgage crisis? // Video

  • riverdeer
  • Dagum
    • +2
      Dagum  

    • Don't forget Bwarney Fwank.

      "These two entities—Fannie Mae and Freddie Mac—are not facing any kind of financial crisis. "The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing."

      --- September 2003 Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee, in response to a proposal to reform the entitles to prevent them from continuing to cook their books--

    • 1 year ago
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