Yep. In August, 2008, Hank Paulsen said fannie was in no need of government capital, 3 weeks before he put us in cship.
In his book, Hank Paulson said the "first things shareholders will hear is their heads hitting the floor".
And the government "wonders" why we sued them? I wonder why more of these crooks are not prosecuted and in jail. They make Bernie Madoff, the largest thief in history, look like he swiped cookies at a bake sale, in comparison.
Wiki pedia reports Bernard Madoff theft from 12-20 billion.
Shareholders are out "at least" 340 billion, about 28 times as much as what Madoff "made off with".
Obama/Biden, and the net worth swipe, makes Madoff look like a boy stealing candy at a gas station.
Obama/Biden as well as Hank Paulsen and others, such as WATT (who says he does not stay awake an night worrying about shareholder interests) deserve prison.
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