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September 29, 2008
Democrats Deny Fannie Mae and Freddie Mac Problems
Oh wow. Somehow I had missed this. Obama's economic adviser is Franklin Raines the former chairman and chief executive officer of Fannie Mae that gamed the OFHEO(Office of Federal Housing Enterprise Oversight) rules and ultimately was complicit in the failure of the entire GSE(Government Sponsored Enterprise).
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Posted by Rob Kiser on September 29, 2008 at 9:38 AM
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Comments
you're not alone - the left leaning media STILL can't find this story.
Posted by: cal on September 29, 2008 at 3:37 PM
He is one of two higher ups at FM/FM that are on Obama's staff. Obama is the 2nd highest recipient of FM/FM money ($500,000)in the congress.The higher-ups took $9 million out in the few years they were there.Details are available, just not in the mainstrea
Posted by: sl on September 29, 2008 at 4:23 PM