http://article.nationalreview.com/?q=NDA4YTY1N2ZhMDhmNjIwNTk4OTI2MDYxZWU4NDg1Y2Q=
Politics and the Fannie Mae Piggy Bank Franklin Raines, Jamie Gorelick, and some very cooked books. .... But there still is the matter of cleaning up Fannie Mae. Senator Sununu and his colleagues on the Senate banking committee have been trying for two years to win approval of a bill that would create a new regulatory body for Fannie Mae and give that body the authority to crack down on the company's riskier practices. But the bill has faced a lot of opposition, mostly from Democrats. When Raines was still at Fannie Mae (he was forced out in 2004), he tried, in Sununu's words, "to slow-walk the process. Frank Raines decided they were stronger and better and smarter than everyone else, so they would push back." Democrats allied themselves with Raines and said they worried that reform might harm Fannie Mae's ability to provide mortgages to low- and middle-income homebuyers. Sununu's bill was approved in the banking committee last year, but only on a straight party-line vote. On Mon, Sep 8, 2008 at 4:11 PM, Gruss Gott <[EMAIL PROTECTED]> wrote: >> Dino wrote: >> Nothing personal Gruss, but showing a partial quote out of context to an >> editor is just asking for it. :) >> > > Ha! Well, good point. > > But here's mine: who are the senators that, 4 years ago (or 2) were > calling for banking reform? > > I say that because I sure wasn't, but I sure am now. > > So my question would be, what is Obama's advisers > positions/recommendations to Obama today? Are they being paid by, > lobbying for, or executives of banks? > > I'm asking because I don't know. > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;203748912;27390454;j Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:268477 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
