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Saturday, November 19, 2011
Good Piece from Crooks and Liars on link between Fannie May politicians and the media.
This is from Crooks and Liars
Thursday night on Last Word, David Gregory was invited on to promote his web-only show "Pass with David Gregory." I guess the "pass" is, "I'll pass on mentioning, in all my Freddie / Fannie investigations, that my wife, Beth Wilkinson, was one of the four top executives in Fannie Mae who resigned as the federal government took it into receivership in 2008."
I'm not accusing Beth Wilkinson of corruption or vice. She's clearly an accomplished attorney, and she joined Fannie as Dodd-Frank was being passed. I have no access to what she did or did not do as a Fannie Mae VP.
But then David Gregory comes on a television show and says (at the 2:22 mark)
The background's important: Frannie Mae and Freddie Mac are quasi-public/private agencies -- they survived, and they made a great deal of money, because they worked the Hill. But they went way beyond working the Hill -- they had the Hill by the throat. This is Republicans, this is Democrats, both sides of the aisle, made a lot of money through these companies! So, that's the backdrop...
Okay, David, but where in the "backdrop" is the fact that your wife was executive vice-president and general counsel of Fannie Mae when they stopped being "quasi-private" and got bailed out by the taxpayer?
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