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Re: F6 post# 72111

Sunday, 12/21/2008 10:03:37 AM

Sunday, December 21, 2008 10:03:37 AM

Post# of 481808
You beat me to that one. Interesting about this,

Mr. Bush did foresee the danger posed by Fannie Mae and Freddie Mac, the government-sponsored mortgage finance giants. The president spent years pushing a recalcitrant Congress to toughen regulation of the companies, but was unwilling to compromise when his former Treasury secretary wanted to cut a deal. And the regulator Mr. Bush chose to oversee them — an old prep school buddy — pronounced the companies sound even as they headed toward insolvency.





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