02-17-2009, 06:41 PM
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Why has Sheila Bair, FDIC chairman, been
ignored for 2 years when she says that bad mortgages need restructing? Sheila Bair has been calling for regulation of mortgages for almost 2 years, saying that these bad mortgages need to be renegioated and regulations are needed over these sub-prime mortgages.Why hasn't anyone listened to her? Do you think Obama's plan to help the housing market will include her recommendations?She's a Republican by the way.
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02-17-2009, 06:56 PM
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Because Barney Frank has been playing hide the bologna with some higher ups at Fannie (or Freddie I can't remember).
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