Fannie Mae-No Politics (FNMA)

[philipmax]

Hi CatBird,
Why are Congressmen allowed to trade on inside confidential information? Calabria and friends are deliberately manipulating the stock value of F&F for their own benefit, Who knows what kind of shell games they are playing? Is there an ethics code for these gangsters or are they given free reins to profiteer off the public without oversight?
The SEC is an empty barrel of cronies, not in the least useful. Under Bush Jr., the SEC was guttered to a mere shell. Cox, who was put in charge, reduced the enforcement bureau to a mere 4 enforcers. When, in 2008, their computers were searched for ongoing investigations, they were found to be full of porn. Don't count on this agency to do anything about Calabria.

















hi cat,