Wednesday, September 10, 2008


In light of the current Fannie mess, this is intriguing: "Chief Financial Officer [of Capital One] Gary L. Perlin, a former Fannie Mae treasurer, and Chairman and Chief Executive Richard Fairbank have long looked with suspicion on the mortgage business." WSJ page B5D September 10, 2008.

Not that it requires repeating, but Fannie has been rotten to the core for years.

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