January 25, 2011 at 9:34 am
#715107
JanS
Participant
“The bulk of those expenditures — $132 million — went to defend Fannie Mae and its officials in various securities suits and government investigations into accounting irregularities that occurred years before the subprime lending crisis erupted.”
So…the corruption has been going on for quite some time, huh…gotta love “big banking”, or, in this case, “big mortgaging”..
I don’t think it’s just the Tea Party that isn’t happy with this. Geez,their accountant hiring leaves something to be desired…and the lawyers get richer…