Sep 17, 2008 ... "Ask any American citizen who has been the victim of a bureaucrat or a  bureaucracy," McCain said. "I said two years ago that the Fannie and Freddie  thing was a very serious problem and we had to work on it. And I have always  opposed greed of Wall Street and I know how we can fix this." ...
Sep 6, 2012 ... Exactly four years ago, during the early days of the financial crisis, the federal  government took control of mortgage financiers Fannie Mae and Freddie Mac  through a legal process called conservatorship. Since then, the two companies  have required roughly $150 billion in taxpayer support to stay solvent, ...
Nov 22, 2011 ... Even this morning, November 22, 2011, a seemingly smart guy like Joe Kernan  was saying on CNBC's Squawkbox, “When the losses at Fannie and Freddie  reach $200 billion... how can the 'deniers' say that Fannie and Freddie were  enablers for a lot of the housing crisis. When it gets up to that levels, how ...
We have a common friend, long-time Washington observer who has said  Congress, whenever faced with a crisis, has one of two responses: do nothing or  overreact. And in this ... The report of the special examination of Fannie Mae  issued by OFHEO documents a number of very serious problems at Fannie Mae.  I will not ...
Feb 17, 2009 ... NEWSCASTER: We learned today home foreclosures in the last three months-.  NARRATOR: The story begins in the spring of 2008, after the housing bubble had  burst. NEWSCASTER: Home prices were at a record high just two years ago.  NARRATOR: Wall Street had gambled heavily on home mortgages ...
I said two years ago that the Fannie and Freddie thing was a very serious problem and we had to work on it.