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Tag Name "Fannie" (17)

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As the titanic losses were racking up, Fannie Mae's operators, Franklin Raines and Jamie Gorelick, disguised the catastrophe by orchestrating a $5 billion accounting fraud - all the while continuing to pressure banks to make absurd, politically correct loans and denouncing Republicans as enemies of the poor.
Ann Coulter
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These two entities Fannie Mae and Freddie Mac are not facing any kind of financial crisis. The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.
Barney Frank
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RE: GSEs like Freddie Mac & Fannie Mae: creditors will continue to underprice the risk-taking of these financial institutions, overfund them, and fail to provide effective market discipline Facing prices that are too low, systemically important firms will take on too much risk.
Gary H. Stern
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Well, Mark, I led the charge for five or six years to get reforms for Fannie Mae and Freddie Mac. I was chairman of an organization called 'FM Policy Focus.' What we were saying was, if there was blip in the housing market, Fannie and Freddie would destabilize the greatest economy in the world.
J. C. Watts
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I just think of Fannie Lou Hamer, because even though she didn't know my name Ms. Hamer was thinking of me. I just want to do a good job, because I want her to look over that edge of heaven and say, That's why I did it. That's why. I knew we had the capacity and the talent to be everything America says we can't be. All we needed was an open door
Leah D. Daughtry
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I have crossed over on the backs of Sojourner Truth, Harriet Tubman, Fannie Lou Hamer, and Madam C. J. Walker. Because of them I can now live the dream. I am the seed of the free, and I know it. I intend to bear great fruit.
Oprah Winfrey
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I'm not going to let Donald Trump take away from our community, something that Fannie Lou Hamer shed blood to give us. Something that Ella Jo Baker braved conditions in the South and sweatshops in Harlem to give us.
Van Jones
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Listen, here's reality. It is completely unfair and absolutely necessary that people who have been oppressed and marginalized have to lead everybody. That is MLK, that is Dolores Huerta, that is Fannie Lou Hamer, that is Ella Jo Baker, that is Nelson Mandela. You walk down the line.
Van Jones
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I think that the responsibility that the Democrats had may rest more in resisting any efforts by Republicans in the Congress, or by me when I was President, to put some standards and tighten up a little on Fannie Mae and Freddie Mac.
William J. Clinton
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These two entities—Fannie Mae and Freddie Mac—are not facing any kind of financial crisis.
Barney Frank
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We faced a crisis caused by the Federal Reserve, the corporate tax system, Fannie Mae and Freddie Mac, and the Community Reinvestment Act. But the response of many people in Washington was to blame it on capitalism.
David Boaz
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These public-private partnerships are very, very dangerous. The most rotten part of the financial system in the US consisted of the government sponsored entities, Fannie Mae and Freddie Mac. They really kicked off this crisis. The state should set the rules and enforce them - but not become involved as a market player.
George Soros
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When I saw Fannie Lou Hamer speech I said, Well, how did this Democratic Party that Miss Hamer is talking about, become the Democratic Party that now is the party of the African-American community?
Leah D. Daughtry
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We do not have a crisis at Freddie Mac, and particularly Fannie Mae, under the outstanding leadership of Frank Raines.
Maxine Waters
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When you start to confuse Freddie Mac, Sallie Mae and Fannie Mae with members of your family, and you remember 2,000 stock symbols but forget the children's birthdays, there's a good chance you've become too wrapped up in your work.
Peter Lynch
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[Donald Trump] is a horrible human being, but he ain't worse than Bull Connor. Fannie Lou loved Bull Connor and beat Bull Connor because she loved him.
Van Jones
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Between the Community Redevelopment Act, requiring banks to make what I would call very weak loans, and specific quotas that the Congress imposed on Fannie Mae and Freddie Mac, that created the market demand that really led to the subprime phenomenon.
Wilbur Ross