The CEO of Fannie Mae becomes Treasury's bank bailout chief (read here).
Okay, regardless of who this guy is tied to politically - he shouldn't be there. Fannie & Freddie were/are major contributors to our current economic crunch. Now the person running Fannie is running the department that bails out.
Strangely, no one seems to be screaming at the top of their lungs that this makes zero sense.
God save us, please. At least please show us what we should be doing about this.
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