"Who benefitted.... Frank’s partner, a Fannie Mae executive at the forefront of the agency’s push to relax lending restrictions..... He was voting on Fannie Mae at a time when he was involved with a Fannie Mae executive"
So whatcha gonna do, Mass. voters? Send him back? I think you should SKIN HIM ALIVE, that's what I think! Too bad he isn't in my district!
Also see: Barney Frank is Bush's Best Friend
"Lawmaker Accused of Fannie Mae Conflict of Interest
by Bill Sammon
October 03, 2008
WASHINGTON — Unqualified home buyers were not the only ones who benefitted from Massachusetts Rep. Barney Frank’s efforts to deregulate Fannie Mae throughout the 1990s.
So did Frank’s partner, a Fannie Mae executive at the forefront of the agency’s push to relax lending restrictions.
Now how come THAT is NOT in my BOSTON GLOBE today?
Pffft! What a PIECE of SHIT PAPER!
I'm EMBARRASSED that I bought one now!!!!
Now that Fannie Mae is at the epicenter of a financial meltdown that threatens the U.S. economy, some are raising new questions about Frank's relationship with Herb Moses, who was Fannie’s assistant director for product initiatives.
"It’s absolutely a conflict," said Dan Gainor, vice president of the Business & Media Institute. "He was voting on Fannie Mae at a time when he was involved with a Fannie Mae executive. How is that not germane?
"If this had been his ex-wife and he was Republican, I would bet every penny I have - or at least what’s not in the stock market - that this would be considered germane," added Gainor, a T. Boone Pickens Fellow. "But everybody wants to avoid it because he’s gay. It’s the quintessential double standard."
Now I know why the PRO-GAY Boston Globe didn't want to touch it!!!!