Posts Tagged ‘Congressman Barney Frank’

Barney Frank Preens

November 3, 2010

In a pompous, angry, rambling, accusitory and self-gratuitous manner, Barney Rubble Frank regaled his supporters for more than ten minutes with a victory speech. Unfortunately, Massachusetts’ voters chose the bumbling Frank for another term. He seemed to take umbrage at the audacity of anyone trying to unseat him and trashed-talked about newspapers that dared oppose him. This guy is going over the top and becoming a caricature of himself.

If you can stomach it, the video of his victory screed is here: Frank Victory Speech


Rep. Spencer Bachus Seeks Hearing on Fannie Mae Allegations

August 14, 2010

From the Washington Post:

A key House Republican is calling for a hearing into a former Fannie Mae employee’s allegations that the mortgage giant fired her after she criticized how the company was running the government’s marquee loan-modification program.

The former Fannie Mae executive, Caroline Herron, made the allegations in a lawsuit that was filed in June and disclosed Friday by the Center for Public Integrity.

Fannie executives resisted Herron’s calls to require borrowers to provide proof of their incomes before entering into loan modifications, according to the lawsuit. Fannie Mae, she alleges, had a financial incentive to resist because the company was eligible for government payments. She also charges that Fannie Mae executives ignored her efforts to develop a Web-based system for collecting information from borrowers’ seeking loan assistance.

Read the rest here.