Fannie and Freddie: Lessons Not Learned

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It is so simple,goverment's job is to level playing field,instead of doing so only thing they do is help rich get/stay rich-er and poor,poor-er.So what trickels down is not money or at the very least oppurtunity for us less rich people,the only thing we get is dispair.For many people accross this so-called great nation of yours,this situation just begets more violence,poverty and dispair.So agin,thank you big buisness and most of all,my goverment,you know,"the people of the people for the people".You guys are the reason why I and many like me steal,cheat,sell drugs,guns and whatever we can do to survive.By the way keep this up and we will be comming to your neighborhood soon,if were`re not allready there.

Sick and tired of IL 11:01PM September 11, 2008

I wonder what has happened to the Transparency and Management & Financial Control? The incidents are not sudden eruption. Only this is the logical conclusion of Carried Forward, Cascading Effect of Undisciplined greedy behaviour of all concerned. And above all, what did the Regulators do to curb this tendency in the bud?
Is it the beginning of the end as suggested by many experts now?
Best Wishes for speedy survival of economy.
Sharad C. Kapadia
Surat/India
sept.12, 08
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Sharad C. Kapadia 9:52PM September 11, 2008

Let's hold the top level execs responsible. Fine each the exact amount of thier bonuses and annual compensation for the last ten years.

Really PO'd about top exec's abuse of TX 9:08AM September 11, 2008

FNM /FRE will not be fixed for the same reason that Social Security / Medicare will not be fixed. Barney Frank and Chuck Schumer are tops on this blame list but where are the Republicans calling them out? Where is the outrage? Don't expect congress to hold an investigation that would expose the real culprits here. They will not lead the charge that would end their careers. If there were any honor in Washington these stooges would fall on their swords.

Pat of IL 3:30PM September 09, 2008