Services at http://financialservices.house.gov/LtrBushGSEs.pdf.Testimony fromthe representative of the National Association of Homebuilders is from pages 83and 84of Hearing Before the Committee on Finani:rat Services.-U.S.House of Re]?resentatives One Hundred Eighth Congress,first session,September 25,2003.Testimony from an official of the National Urban League calling for increased affordable housing for minorities is from pages 90and 91of the same hearing.The testimony from the Director of Freddie Mac is from pages 42and 44,while the comments of Fannie Mae’s CEO Franklin Raines are from pages 45and 46of the same hearing.Details of the accounting irregularities uncovered at Fannie Mae in 2004by the Office of Federal Housing Enterprise Oversight (OFHEO)and the subsequent investigation of OFHEO at the request of Republican Senator Kit Bond are from pages 13and 14of the September 27,2004issue o?Barrows,under the tide “Fannie Whacked”;pages E1and E2of the November 20,2004issue of the Washington Post under the headline “Freddie Mac Problems Led to Tougher OFHEO”;and page C2of the November 23,2004issue of the New York Times,in an article titled “Congress Urges Ouster of 2Regulators.”Congressman Frank’s statement calling for a change of leadership at OFHEO was quoted on page E2of the November 20,2004issue of the Washington Post “in the previously mentioned article “Freddie Mac Problems Led to Tougher OFHEO.”The donations made to members of Congress by the employees and political action committees of Fannie Mae and Freddie Mac were reported on page A10of a story beginning on the front page of the October 5,2008issue of the St.Louis Post-D ]?atch,under the headline ”Bond’s Tough Talk on Fannie,Freddie Rings Hollow to Some.”The statement by Rep.Chris Shays on the power and influence wielded by Fannie Mae was quoted on page A2of the November 22,2004issue of the Wall Street ]ouimal,in an article titled “Fannie,Freddie Regulator Is Split Over Moves to Toughen Oversight.”The political protection enjoyed by Fannie Mae and Freddie Mac,including the limitations imposed on their regulator,the Office of Federal Housing Enterprise Oversight (OFHEO),and the less strict capital requirements placed on these government-sponsored enterprises were discussed on pages Al and A12of the September 14,2008issue of the Washington Post under the headline ‘HowThe favorable terms on loans that Senator Christopher Dodd received fromCountrywide Financial Corporation were mentioned on page All of the June 13,2008issue of the Wall Street Journal,under the tide ”Dodd Tied to Countrywide Loans,”and page A14of the February 3,2009issue of the Wall Street Journal,under the tide “Dodd’s Peek-A-Boo Disclosure.”The relationship of Countrywide Financial Corporation and politically well-connected individuals was mentioned on page 99of Architects of Ruin by Peter Schweizer.Senator Bob Bennett’s ties to Fannie Mae and Freddie Mac were reported in the Politics section of the September 12,2008issue of the Salt Ocite 7r"i6×ite,under the headline “Background on Big Mortgage Takeover Targets."The statement that Fannie Mae and Freddie Mac hired ex-politicians is from page 80of the July 19,2008issue oY The Economist in an article titled “A Brief Family History:Toxic Fudge.”The many prominent political figures from both parties appointed to lucrative positions at Fannie Mae and Freddie Mac are mentioned on pages 106and 114of zfrr6iiecti oJ t×iii by Peter Schweizer.The granting of $12million of TARP funds to Boston’s OneUnited Bank after Congressman Barney Frank’s intervention was reported on page A1of the January 22,2009issue of the Wall Street Journal,under the headline “Political Interference Seen in Bank Bailout Decisions.”Congresswoman Maxine Waters’ties to OneUnited Bank were reported on the front page of the March 13,2009issue of the /Vesii Won:Z’imei,under the headline ”A Representative,Her Ties and a Bank Meeting.”Congressman Barney Frank’s intervention to prevent the closure of a GM distribution center in his home state of Massachusetts was reported on page A14of the June 5,2009issue of the Wall Street formal,under the tide “Barney Frank,Car Czar.”Gerald P.O’Driscol1’s comments on Fannie Mae and Freddie Mac are from the September 9,2008issue of the her VonPost,under the headline “Fannie/Freddie Bailout Baloney.’
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