Congress and the White House were warned that Fannie Mae posed a systemic risk.
by Mark Hanson
October 29, 2014 2010-04-09T12:37:55-04:00https://images.c-span.org/Files/d99/20100409124005002.jpgThe President and bipartisan leaders were warned about the systemic risk in 2003, but they chose to cover it up. In 2008, when Fannie Mae collapsed, 6.3 TRILLION of toxic assets and liabilities were dumped on taxpayers. This is a crime.
The President and bipartisan leaders were warned about the systemic risk in 2003, but they chose to cover it up. In 2008, when Fannie Mae collapsed, 6.3 TRILLION of toxic assets and liabilities were dumped on taxpayers. This is a crime.
People in this video
- Armando Falcon Director Department of Housing and Urban Development->Office of Fed. Housing Enterprise Oversight
- Financial Crisis Inquiry CommissionFinancial Crisis Inquiry Commission
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