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Rep Manzullo Questions Exorbitant Fannie Mae Salaries

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Uploaded by on Oct 8, 2008

During a hearing before the House Financial Services Committee, Congressman Don Manzullo unearthed a scheme by Fannie Mae executives to cook the books to ensure they received their exorbitant bonuses. Congressman Manzullo's testimony appears at 6:20 of this video.

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  • The finger pointing is necessary because it highlights the people that are responsible for creating the environment that allowed this to happen. The keep sending assholes like Barney Frank, Chris Dodd, Maxine Watyers etc back to Washington when they are at the root of this fiasco is complete insanity. Finger pointing is needed because someone needs to be held accountable. These assholes are still there with no accountability and that is a crime.

  • The heads of Fannie and Freddie were in bed with Barney Frank, Chris Dodd, Maxine Waters, etc. Frank and Dodd and Waters are so used to lying, that to them it doesn't matter. The truth doesn't matter. The facts don't matter. Months before F&F went belly-up Frank was out saying that F&F were fine. And he, and Dodd, etc. would crucify anyone who suggested otherwise as fear mongers, racists, etc.

    Most of our representatives are professional liars and thieves. Wake up people.

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All Comments (17)

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  • I don't think Waters was lying. I think she was just oblivious and financially ignorant like most Democrats.

  • Tell me how comes Liberals don't come on here, and affend the Democratic party that thye hold so dear.

  • cannot believe these morons are the ones who make laws.....doubt all of them together could manage a burger king to a profit......

  • 4/30/2009: Manzullo voted NO on HR 627 calling for Credit Card Reform. What a hero for the the banks he claims to be fighting! This guy need to GO and will go in 2010

  • With accountability there must be an example made of the liberal idiots that infest government. I suggest five years minimum in Gitmo.

  • You are a moron.;

  • Well, regardless of finger pointing, which isn't gonna do anyone, any good, we need to go back to the root of the problem. GREED. It all started with real estate. People were so damn hot to make a few bucks, they speculated, drove up the cost artificially, built more unnecessary, overpriced homes until there were too many at too high a price. Then everyone had their hand out -- mortgage people, banks, you name it. Now were left cleaning up their mess.

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