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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: joefromspringfield who wrote (111883)9/3/2011 8:54:32 AM
From: locogringo  Read Replies (1) of 224748
 
"The government on Friday sued 17 financial firms, including the largest U.S. banks, for selling Fannie Mae and Freddie Mac billions of dollars worth of mortgage-backed securities that turned toxic when the housing market collapsed."

Joe, this is a roundabout way of going after the S&P rating company. The govt wants revenge, and they want it BIG TIME.

I think the Liberal press will show how these poor banks, that can barely afford to pay their employees, were MISLED by the ratings giant, and S&P is the evil culprit, and should pay pay pay.
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