Ohio Is First State To Sue Fannie Mae

RE:Ohio Is First State To Sue Fannie Mae

Mary Lou — Mon, 21 Jul 2008 11:00:00 GMT

Thanks, Ohio from, Ca. I really liked seeing this today as I googled sue Fanny Mae. As a homeowner of 10 years who purchased a home when one needed good credit, and am lucky enough to be able to afford it, I first thought greedy home owners were to blame for the bubble burst. As I learn more I realize the corrupt carrot dangle of enticement to the taxpayers.These executives should be held accountable for their actions. I hope Ca. joins the suit.

RE:Ohio Is First State To Sue Fannie Mae

vinnie — Fri, 11 Jul 2008 11:00:00 GMT

The current 2008 fiasco was created by the criminal, Alan Greenspan, who manufactured the giant realestate bubble using Fannie Mae and Freddie Mac. This man should be arrested and the key lost. But.......he's left the country and living in Switzerland. Does he know what he did? Of course he does! Otherwise, why did he run out of the US so fast? Even in 2007 Federal Budget, the spaces next to Fannie Mae and Freddie Mac WERE BLANK. Did no one raise any questions then? How could that be? No reportings on a FEDERAL BUDGET?????? When I saw that, I knew they were flat out bankrupt. Everything else is under Bush admin.

RE:Ohio Is First State To Sue Fannie Mae

Jay — Wed, 14 Jun 2006 11:00:00 GMT

Go get 'em Ohio. Fannie and their ilk have gotten away with too much for too long. It will take decades to work through the distortions they've caused to our great country's economy. The politicos on their payroll deserve no better treatment. As the RE bubble is liquidated, I'm hopeful the result will be the abolishment of the GSEs rather than the continued unsucessful regulation of these ne’er-do-wells. At their root they represent private profit at the expense of public risk.