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POPSCROOKS Driving home from a meeting I heard Chris Dood in a news bite, saying something like - "Democrats are not about to sign off on this 700B bailout until we're assured that congress will have oversight." I cursed. "You MFCSMFF! You're a bigger crook than your old man!"
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POPSNew York Times - Collapse Smoking Gun ''Fannie Mae has expanded home ownership for millions of families in the 1990's by reducing down payment requirements,'' said Franklin D. Raines, Fannie Mae's chairman and chief executive officer. ''Yet there remain too many borrowers whose credit is just a notch below what our underwriting has required who have been relegated to paying significantly higher mortgage rates in the so-called subprime market.''