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Saturday, May 1, 2010

Barney Frank on Fannie: Don’t Blame Me — Blame Tom Delay

1 comment:

Oback Arama said...

Barney won't dance on a television show for obvious reasons, but he never misses a chance to dance around a question. He can try to dance away from his guilt in the Fannie Mae collapse, but that will never change the fact that he was a leader in the blocking of tougher lending standards at Fannie and Freddie. The fact is indisputable that if Fannie and Freddie had not promoted and purchased sub-prime mortgages, there would have been no sub-prime mortgage backed securties, no housing sector meltdown and no financial crisis. Barney is at fault and his spin to the contrary is in vain.