drgroup (61.87)

6 Comments – Post Your Own

#1) On June 16, 2009 at 5:34 PM, drgroup (61.87) wrote:

Rumor has it...

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#2) On June 16, 2009 at 5:42 PM, cbwang888 (29.79) wrote:

He has no idea what kind of beasts he is dealing with ...

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#3) On June 16, 2009 at 5:43 PM, majordm (91.39) wrote:

"You wouldn't say that about Randolph Scott."

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#4) On June 17, 2009 at 8:39 AM, drgroup (61.87) wrote:

cbwang888: You are correct. Even worse; he doesn't care.

majordm: I do not know enough about Randolph Scott to comment.

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#5) On September 29, 2009 at 11:45 PM, kirkydu (99.41) wrote:

Good grief man, you are silly.  Bush and company ruined the financial system and you are railing on the guy trying to figure out how to fix it.  Wake up.  From 2000 the Gramm-Leach-Bliley Bill which lifted banking regs to 2002-05 flooding the system with money, securitization of bad loans which begat more bad loans and 2003-04 change of leverage rules on the not so big anymore 5 investment banks and using federal pre-emption banning states from enforcing anti-predatory lending laws from 2002-2006 IS what caused the spike and crash so bad it's going to take a minimum of 3 more years to fix as the loans flush out.

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#6) On September 30, 2009 at 12:16 AM, wolfman225 (25.67) wrote:

C'mon, Kirky.

I distinctly remember Pres. Bush in 2001 and 2004 trying to get Congress to act on the problem of Frannie and Freddie being overextended on the junk "sub-prime mortgage" bundles.  Also, as I recall, it was Barney Frank (most notably) who said there was no problem and both institutions were solid.  Whoops.  Then there's Franklin Raines (Obama advisor), who made millions in a short time running Fannie Mae.  Things that (should) make you go hmmmmm

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