24 October 2008

Cox, Greenspan, Snow Agree: Freddie Mac And Fannie Mae Did Not Cause The Financial Crisis

According to conservatives, Freddie Mac and Fannie Mae’s audacity to loan to low-income Americans is to blame for the current financial crisis. During the final presidential debate, for example, Sen. John McCain (R-AZ) called the lending giants “the catalyst for this housing crisis.”

0 Comments:

Post a Comment

<< Home