> RoMunn wrote: > Oh, and Barney Frank might as well have taken a dump on Fannie and Freddie > with the rules he insisted on them adopting. >
Just sit back and think of all the legislation Bush and the Republicans tried to pass for a decade to over rule that dictator. I mean it's almost zero, but it's not quite that much. And of course we can't forget how strongly Wall Street lobbied against that craziness ... I guess Bear, Lehman, Morgan Stanley, Goldman Sachs, and all the other investment banks and hedge funds tried to show us just how crazy Ole Barney was by borrowing 35x the value of their companies and buying those sub-prime derivatives huh? And then the banks ... I mean they came up with Ninja and no-doc loans and then paid ridiculous origination fees to brokers. And then AIG ... I mean Ole Barney never even told them to jump but they sure did anyway. They even insured Europeans and Asians ... PLUS they started their own hedge fund ... ... all this cause of ole Barney ... Make sense, Robert. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:292604 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
