Rep. Maxine Waters (D-California):
“Through nearly a dozen hearings where, frankly, we were trying to fix something that wasn’t broke.”
Mr. Chairman, we do not have a crisis at Freddie Mac, and particularly at Fannie Mae, under the outstanding leadership of Mr. Frank Raines.
Waters was drinking something other than water.
Rep. Gregory Meeks (D-New York)
OMMISSION: Hasn’t come forward publicly to admit responsibility.
“Uh, and so, uh, I wish I could sit here and say that I’m not upset with you, but I am very upset because, you know, what you do is give, you know, maybe giving any reason to, as Mr. Gonzales said, to give someone a heart surgery when they really don’t need it.”
I think he needs Brain Surgery.
Rep. Barney Frank (D-Massachusetts)
Media Mum on Barney Frank’s Fannie Mae Love Connection
Democratic House Financial Services Committee Chair promoted GSEs while former ’spouse’ was Fannie Mae executive.
By Jeff Poor
Business & Media Institute
9/24/2008 4:00:57 PM
Are journalists playing favorites with some of the key political figures involved with regulatory oversight of U.S. financial markets?
MSNBC’s Chris Matthews launched several vitriolic attacks on the Republican Party on his Sept. 17, 2008, show, suggesting blame for Wall Street problems should be focused in a partisan way. However, he and other media have failed to thoroughly examine the Democratic side of the blame game.
Read: Media Mum on Barney Frank’s Fannie Mae Love Connection



