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Article Category: Barney Frank (D)
Standard & Poor's cut its outlook on U.S. government debt to negative, a stark warning from the credit-rating firm about the country's fiscal problems. Here's a look at S&P's credit rating and outlook among advanced economies and emerging...
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TALLAHASSEE – The Florida Senate Committee on Governmental Oversight and Accountability on Wednesday approved an amendment to include “electronic authentication,” as well as “biometrics” to Florida Driver’s licenses. In addition, the amendment to...
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America we are sinking fast We need a bigger boat This is the weight sinking our boat
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With the financial sector in turmoil today, the media and the politicians have started throwing around blame with the same recklessness as lenders threw around credit to create the problem. Politically, the pertinent question is this: Which candidate...
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Ken Blackwell writes on NRO: As negotiations over Congress’s emergency rescue bill continued over the weekend, repeated rumors leaked out that the Democrats were trying to funnel money to a hyper-partisan organization involved in criminal voter fraud. I’...
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Mr. Chairman, we do not have a crisis at Freddie Mac, and in particular at Fannie Mae, under the outstanding leadership of Mr. Frank Raines. Everything in the 1992 act has worked just fine. In fact, the GSEs have exceeded their housing goals. What we...
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The Republicans are back in charge in the House of Representatives this week, and not a moment too soon!
Forget "stimulus" bills and "shovel-ready" bailouts (for public school teachers, who need shovels for what they're teaching), the current financial...
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Note from Michelle: This section is for comments from michellemalkin.com's community of registered readers. Please don't assume that I agree with or endorse any particular comment just because I let it stand. A reminder: Anyone who fails to comply with...
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Chris Dodd was elected to the United States Senate in the 1980 election and was reelected in the 1986, 1992, 1998, and 2004 elections. As the 2010 elections approach, there are rumblings that Dodd my be out, and lose to a Republican Rob Simmons. Chris...
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WASHINGTON -- KPMG LLP sued former auditing client Fannie Mae, the biggest source of money for US home loans, for "fraudulent deception" that prevented KPMG from uncovering $6.3 billion in overstated earnings.
Fannie Mae from 1998 until 2004 withheld and...
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In January of this year we drew our readers’ attention to a whistleblower report in the Wall Street Journal detailing Fannie’s and Freddie’s subprime lending practices since 1993. Apparently, the GSE’s withheld important...
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For several years, followers of the Austrian school of economics have warned that unless Congress moved to end the implicit government guarantee of Fannie Mae and Freddie Mac, and took other steps to disengage the US Government from the housing market,...
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According to documents released Tuesday, the loan firm Countrywide gave many sweetheart mortgages to employees of Fannie Mae. Was it in exchange for favors? Sharyl Attkisson reports.
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Fannie Mae engaged in "extensive financial fraud" over six years by doctoring earnings so executives could collect hundreds of millions of dollars in bonuses, federal officials said yesterday in a report that portrayed a company determined to play by its...
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