erynthered Posted November 7, 2008 Share Posted November 7, 2008 http://www.abcnews.go.com/Blotter/story?id...1900&page=1 http://www.businessandmedia.org/articles/2...1106133228.aspx http://hotair.com/archives/2008/11/07/eman...e-mac-collapse/ http://newsbusters.org/blogs/noel-sheppard...tor-freddie-mac http://www.hawaiireporter.com/story.aspx?9...98-fc2b420a7f87 Now that Barack Obama has won his bid for the White House, Americans should get ready to learn some inconvenient truths about him and the folks surrounding the president-elect that media have safely hidden from the public in order to promote his messiah-like image. Link to comment Share on other sites More sharing options...
GG Posted November 7, 2008 Share Posted November 7, 2008 If management is cooking the books to meet numbers, chances are they're also cooking them for the board of directors. There's no way that board members saw the internal books ahead of time that were flagged in the accounting investigation by the regulator. Of course, that doesn't excuse Freddie of stacking its board with many friendlies. Link to comment Share on other sites More sharing options...
Lurker Posted November 7, 2008 Share Posted November 7, 2008 Seeing that the GSE's didn't begin to expand their subprime exposure until after Emanuel left Freddie, it's hard to see how he's tied to the current collapse. This document is ironic reading, however: "OFHEO cautions, 'new types of lending may pose unusual risks and may not be as profitable' as expected, however.” Link to comment Share on other sites More sharing options...
/dev/null Posted November 8, 2008 Share Posted November 8, 2008 Our party <insert politcal party> tried to prevent the problem while the <insert opposing party> did nothing PS. Please donate $2300 to our party for trying to avert this catsophre Link to comment Share on other sites More sharing options...
Boomer860 Posted November 8, 2008 Share Posted November 8, 2008 Our party <insert politcal party> tried to prevent the problem while the <insert opposing party> did nothing PS. Please donate $2300 to our party for trying to avert this catsophre Link to comment Share on other sites More sharing options...
DC Tom Posted November 8, 2008 Share Posted November 8, 2008 At this point, who isn't tied to the collapse? Even I'm tied to the collapse. Link to comment Share on other sites More sharing options...
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