Where’s the Outrage? Fannie, Freddie Dole Out Over $100M in Bonuses
"Remember, Congress runs these two institutions. They're government-sponsored enterprises. They turned a blind eye to the kind of financial malfeasance that was going on at Fannie Mae and Freddie Mac for so many years. And I believe ... it's a cover-up of the kinds of financial problems that were happening at Fannie Mae and Freddie Mac. Congress doesn't want the spotlight on these two institutions because then people are going to ask, 'Wait a minute, why was Congress asleep at the swtich?'"
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