Fannie, Freddie, Frank, and fiction - The Boston Globe:
Frank faces a spirited challenge from Republican Sean Bielat, a 35-year-old businessman and Marine Corps reservist. Bielat has turned Frank’s longtime support for Fannie Mae and Freddie Mac, the “government sponsored entities’’ that aggressively enabled the subprime mortgage lending at the heart of the financial meltdown, into the major issue of the race. During a debate last week, Bielat charged: “By pushing for homeownership, even among those who couldn’t afford the homes, Barney Frank put this country on a perilous footing.’’"
Wednesday, October 20, 2010
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