Fannie Mae and Freddie Mac dwarfs Enron and Worldcom yet can you name anyone digging into the root cause?
Jeffrey Skilling and Bernard Ebbers both did jail time. Where are the investigations of Franklin Raines, Jim Johnston and the root causes of the collapse?
Tagged with: bernard ebbers • collapse • franklin raines • investigations • jail time • jeffrey skilling • jim johnston
Filed under: Freddie Mac Questions
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I am Mr Doodles and i have been in contact with my representive over this same topic since last Friday. He voted for the bill I am still trying
They are under federal investigation.
The cause of the problem was deregulation
There was no illegal activity because deregulation is just that, taking the regulations away, and so whatever was done was done legally.
Congress is the root cause and no, they won’t be digging into themselves.
Good point…Enron cost many people their life savings…Fan and Fred cost our kids and grandkids future….WTC?
they are under investigation but you will never here anything about it the media is under gag order go figure.
ever see the movie "GOOD MORNING VIETNAM", well its the same thing now our media is under censorship only news the government want to be aired is aired and the spin is always the manipulation of that censorship.
We, the people, haven’t demanded their heads yet. We definitely need to do this before they get their hands on anymore money. They all belong in jail, as does every Senator or Congressman who has failed to uphold his/her oath of office. Their first jobs it to protect this country from all enemies, foreign and domestic, and that, to me, includes protection from economic terorism. That’s why we have laws. Their failure to ensure that the laws of the land are enforced has literally given our country away to the terrorists — the real ones and the economic terrorists.