Fannie Mae’s Duo of Destruction....

If there is one element of the 2008 financial meltdown that likely unites Americans of every political persuasion it is the idea that some of the worst actors involved remain unpunished for their malfeasance. Moreover these malefactors not only remain unpunished, but have done quite nicely for themselves despite the economic swoon that has battered millions of Americans. Two former Fannie Mae executives, James Johnson and Franklin Raines​, are textbook examples of the odious crony capitalist/government nexus which turns a blind eye to greed, incompetence, and arguably criminal behavior for the well-connected.