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RDG013

05/04/10 5:12 PM

#481034 RE: sylvester80 #481032

YOu can continue to be like an ostrich, or you can come into reality to see that Wall Street Crooks and DC Crooks are one and the same and are just as likely to be Rep as Dem. In case you missed it in the direct quote from a former CCO of Fannie, he flat out admitted to the GSE's boking subprime as prime, which in the end played a huge part in the downfall of the entire market.

FYI, do a little research and you will see that lobbyists from both GSE's were very active in blocking states from protecting consumers from predatory lending. Of course, Wall Street Banks were right there too.