Thursday, August 12, 2010

As if I couldn't despise Dodd-Frank more!!!

The Congressmen as well as the bill...

Now we find that Dodd-Frank protects the flawed GSE mortgage giants, Fannie and Freddie from the capital requirements in imposes on private mortgage originators.

I don't know why I should be surprised. Barney Frank has been so far up their ass for the last decade, protected them from serious reform time and again, that you'd be forgiven if you thought he had a seat on the board!

in reference to: Op-Ed Contributor - Fannie Mae and Freddie Mac - Too Big Not to Fail - NYTimes.com (view on Google Sidewiki)

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