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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: jlallen who wrote (434635)11/12/2008 6:52:36 PM
From: tejek  Read Replies (1) | Respond to of 1574109
 
Where did B. Frank say loans to people who have no ability to pay them back should be made?

That was Janet Reno....


What was the AG doing in housing?

Frank misled everybody about the financial strength and soundness of the GSE's....

Up until this year most everyone thought the GSE's were solid.
Frank didn't intentionally mislead people......it was thought their reserves were sufficient to cover any losses. Everyone was wrong.