Fannie Mae (FNMA)

[chessmaster315]

Wow, thank you 955. Your post did a great job confirming my
theory that the Ben Bernanke's statement is the government looking for a scapegoat in fanniegate (FRom HuD's testimony to the Financial Services committe):

Finger-pointing in Washington is endemic when problems occur, and
agencies and individuals are constantly trying to find scapegoats for their own
bad decisions, but HUD’s effort to blame Fannie and Freddie for the decline in
underwriting standards sets a new standard for running from responsibility.