Tuesday, March 17, 2009

D-Fannie Mae

Yes, the Community Reinvestment Act Really Did Help Cause the Housing Crisis

Barack to America: Bleep YOU

Barack Obama (D-Fannie Mae)

UPDATE: Related: Amid AIG Furor, Dodd Tries to Undo Bonus Protections He Put In:
While the Senate was constructing the $787 billion stimulus last month, Dodd added an executive-compensation restriction to the bill. That amendment provides an “exception for contractually obligated bonuses agreed on before Feb. 11, 2009” -- which exempts the very AIG bonuses Dodd and others are now seeking to tax.

Separately, Sen. Dodd was AIG’s largest single recipient of campaign donations during the 2008 election cycle with $103,100, according to opensecrets.org. 

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