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09-22-2008, 07:26 PM
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| Family Member Join Date: Oct 2006 Location: San Rafael, CA
Posts: 4,896
 |  McCain's campaign manager took $2M to protect Fannie Mae/ Freddie Mac from oversight.
Before Rick Davis said he was for more oversight for Wall Street and financial companies, McCain's campaign manager was taking money specifically to protect Fannie Mae and Freddie Mac from federal regulations. Full article here. This ended up costing the taxpayers $514 Billion in a bailout when Fannie Mae and Freddie Mac collapsed. |
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