Fannie Mae is everything that is wrong with Washington collected in one gigantic sinkhole. It reported its 10th consecutive quarterly loss and thus needs to draw down another $15.2 billion from the US Treasury. So far, no one has been indicted, much less shipped off to prison, for what can safely be called the criminal mismanagement of this government sponsored enterprise.
Saturday, February 27, 2010
Posted by John at 2/27/2010 05:50:00 PM