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Thread: Fannie and Freddie Execs On The Carpet

  1. #26
    God/dess threlayer's Avatar
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    Default Re: Fannie and Freddie Execs On The Carpet

    Guess I'll have to look up some specific references about who the significant contributors were to the mortgage collapse.
    I loved going to strip clubs; I actually made some friends there. Now things are different for the clubs and for me. As a result I am not as happy.

    Customers are not entitled to grope, disrespect, or rob strippers. This is their job, not their hobby, and they all need income. Clubs are not just some erotic show for guys to view while drinking.

    NOTE: anything I post here, outside of a direct quote, is my opinion only, which I am entitled to. Take it for what you estimate it is worth.

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    God/dess threlayer's Avatar
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    Default Re: Fannie and Freddie Execs On The Carpet

    Andrew Cuomo is getting on my nerves for other reasons, just like his father Mario irked me.

    But anyway my discussion of de-regulation was not directed at Fannie and Freddie at all, but at Bush's administration for not minding the store, i.e., the financial products industry. I keep having to remind people of that incompetence. That directly amplified the other problems so much. Notice that?
    I loved going to strip clubs; I actually made some friends there. Now things are different for the clubs and for me. As a result I am not as happy.

    Customers are not entitled to grope, disrespect, or rob strippers. This is their job, not their hobby, and they all need income. Clubs are not just some erotic show for guys to view while drinking.

    NOTE: anything I post here, outside of a direct quote, is my opinion only, which I am entitled to. Take it for what you estimate it is worth.

  3. #28
    Banned Eric Stoner's Avatar
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    Default Re: Fannie and Freddie Execs On The Carpet

    Quote Originally Posted by threlayer View Post
    Andrew Cuomo is getting on my nerves for other reasons, just like his father Mario irked me.

    But anyway my discussion of de-regulation was not directed at Fannie and Freddie at all, but at Bush's administration for not minding the store, i.e., the financial products industry. I keep having to remind people of that incompetence. That directly amplified the other problems so much. Notice that?
    It's a good question as to which came first but Fannie and Freddie preceded the repeal of Glass- Steagall by decades.

    A LOT of the deregulation actually goes back to Clinton, Rubin and Summers. Inter alia, they got Clinton to sign Gramm's bill. The actual problems themselves were to a large extent created under Clinton and aggravated under Bush. And often ignored by folks like Greenspan and Chris Cox until it was too late.

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