Where are the hearings?
Did I miss something, or were there hearings on Capitol Hill where the CEOs and Chairmen of Fannie Mae and Freddie Mac answered to Congress about the blatant corruption existing in their organiziations since their inception?
Oil companies have to testify before Congress because of “obscene” profits, tobacco companies because of the health risk of their product (that everyone is already well aware of), and baseball players have to testify about steroid use. But the organization at the very center of one of the most catastrophic financial collapses of the modern age doesn’t have to answer any questions on Capitol Hill?
I must have simply missed it. Does anyone else find it odd that there are no Freddie and Fannie hearings?
Oil companies have to testify before Congress because of “obscene” profits, tobacco companies because of the health risk of their product (that everyone is already well aware of), and baseball players have to testify about steroid use. But the organization at the very center of one of the most catastrophic financial collapses of the modern age doesn’t have to answer any questions on Capitol Hill?
I must have simply missed it. Does anyone else find it odd that there are no Freddie and Fannie hearings?
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