Freddie & Frannie were at the heart of the financial meltdown, and you did nothing to rein them in with this bill. Senators Frank & Dodd devised Banking regulations that precipitated this meltdown by directing banks and mortgage companies to make loans to virtually anyone who asked for a home loan. These loans were bundled as derivatives and sold by Wall Street. Billions of dollars were lost when they were found to be the worthless pieces of paper they actually were. The bill you signed… Continue

Freddie & Frannie were at the heart of the financial meltdown, and you did nothing to rein them in with this bill. Senators Frank & Dodd devised Banking regulations that precipitated this meltdown by directing banks and mortgage companies to make loans to virtually anyone who asked for a home loan. These loans were bundled as derivatives and sold by Wall Street. Billions of dollars were lost when they were found to be the worthless pieces of paper they actually were. The bill you signed… Continue