Sunday, February 21, 2010

Is General Motors the New Fannie Mae?

For years Fannie Mae served to enrich favored Democrats. Franklin Raines, Rahm Emmanuel, Jamie Gorelick and Janet Reno, among many others, extracted many millions from Fannie Mae while running it to destruction. Now we learn that GM's new Obama appointed CEO will be getting a $9 million bonus even as the taxpayer is forced to funnel tax payer money into the bailout.

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home