Fannie Mae-No Politics (FNMA)

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“Paulson put Goldman people into these positions at Treasury because these are the people he knows and there are no constraints on him not to do so,” Mr. Whalen says. “The appearance of conflict of interest is everywhere, and that used to be enough. However, we’ve decided to dispense with the basic principles of checks and balances and our ethical standards in times of crisis.”

YH,

Hank and his cronies orchestrated the 2008 crisis in such a manner that it appeared like a sudden thunderbolt from the sky but it was well conspired to swindle the taxpayers, inflict the severe mortal blows on rivals to benefit their cronies.