Fannie Mae-No Politics (FNMA)

[Donotunderstand]

So Mr Banker

Why did you sell improperly described mortgages by the trillions?

Why did you engage in trillion dollars of non negotiable SWAPS?

Why did you award Golden Parachutes to CEOs who bankrupted the company?



The government made me do it

And thus it continues

Anything goes wrong - there must be a GOV law that made these wonderful community oriented companies do things to maximize short term profit

We know as fact - the companies kept every penny of profit and took risks assuming a bailout

But lets put the blame on their needing to score a B on the SATs

Nope - this canard has had its air let out by the vast majority of those who have studied the issue

But - it will not die