I have been pounding away here for years. Thousands of posts, thousands of hours, picking up the scent and unmistakable, hair tingling sensation of pure evil, unchecked greed and unstoppable arrogance.
And now the storm clouds are clearly drawing near. When a hurricane comes near, you only know it will be bad….but you don’t know who it will be the worst for… when all of this comes crashing around, it will be bad, very bad for all of us…..
From the Huffington Post:
The Securities and Exchange Commission announced last week that it was suing half a dozen former executives from the mortgage giants, including the ex-CEOs of both companies. Now, the Federal Bureau of Investigation is reportedly asking questions about Fannie and Freddie’s behavior in the months preceding the financial crisis, according to The Daily.