I’m happy Madoff is going to prison. But Fannie Mae and Freddie Mac are a big part of the mortgage meltdown that kicked off all of the financial problems the country is facing now. Why aren’t any of the Execs from these companies going to jail? Could it be because a lot of our politicians have ties to…
Barney and Dodd should share a cell right next to Madoff. Makes me ill that these two and others go unscathed.
Fannie Mae sound china
Freddie Mac el new sandwich en Mcdonalds’
please pass in the time of the federal penal code and locate out what statute he has violated, and enable us to all know. while you’re asking if somebody could properly be imprisoned for doing some thing which you think of must be a criminal offense, that’s not the way it works.
They should be punished for their bad intentions, but not because borrowers couldn’t read the fine print, and didn’t refinance when they were supposed to.
OR THE FED?
Cause the people need to raise more hell….
It certainly could.