Isn't that the way it goes, Freddi and Fannie, the two that caused the housing crisis are exempt from the new regulations. Now this is change you can believe in.
|Fannie, Freddie Were at Center of Financial Crisis But Are Not Included in Obama’s New Financial Regulations
Friday, June 19, 2009
By Matt Cover
Treasury Secretary Timothy Geithner (AP Photo) (CNSNews.com) - Fannie Mae and Freddie Mac, the two government-run mortgage giants, are absent from the Obama administration’s sweeping new financial regulations, despite the fundamental role played by both organizations in the financial system’s collapse.