“A decision, made under pressure from Congress and investors, to steer Fannie Mae into dangerous corners of the mortgage market proved to be disastrous.” This article is sickening. Typical of big media propaganda, they even personalize an executive, saying how he wanted his son to be proud of him. (Read more from NY Times)
The NY Times says nothing about the millions of dollars in campaign contributions made to Congress.
this is not the only article the NYT has run on Fannie/Freddie. There have been several articles in the last few month citing campaign contributions…
Fair enough. Thanks for posting.
What’s their excuse for deliberately suppressing non-pro-war stories in the run up to the Iraq invasion?
ha. i have no intention of defending the nyt on that.