Posted by: bj | August 24, 2009

Fanny Mae Eases Credit to sub-prime borrowers – September 1999 –

Fanny Mae eases credit to sub-prime borrowers – September 30, 1999.   Thanks to Bill Clinton, Barney Frank & Chris Dodd this stimulated the economic melt down.

http://www.nytimes.com/1999/09/30/business/fannie-mae-eases-credit-to-aid-mortgage-lending.html

Posted in Cause of Meltdown, Current Issues, Economics | Tags: ,

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