"There are men, in all ages, who mean to exercise power usefully; but who mean to exercise it. They mean to govern well; but they mean to govern. They promise to be kind masters; but they mean to be masters." Daniel Webster

Tuesday, May 19, 2009

Fannie Mae and Freddie Mac

Countrywide Financial has been at the epicenter of the housing and financial collapse. Clusterstock has been reading up on the company and its CEO Angelo Mozilo and finds how they were aided and abetted by the government.

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