Wednesday, October 08, 2008
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Welcome to Stock Geometry! This casual music and financial blog typically involves posts of music videos and candlestick stock charts looking at intermediate term trends. Think MTV meets CNBC. My positions fluctuate, but I’ll always disclose positions in posted stocks. You are responsible for your investments! – Dr. pythagoruz
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WANT TO LAUGH? OBAMAS FINANCIAL ADVISOR WAS CEO OF FANNIE MAE...
Having Franklin Raines as a financial advisor is like having the captain of the Titanic as an advisor on shipping. Raines walked from the doomed mortgage giant with a cool 50 Mil. It is alleged that Fannie Mae CEO's cooked the books for years to show a fake profit which would boost their yearly bonuses. Will we see a senate investigation? Don't make me laugh. The chairman of the senate banking committee democrat Chris Dodd is the numero uno recipient of Fannie Mae political contributions. The second highest recipient was ...guess who...first term senator Obama. Oh yeah, another one of Obama's top advisors, Jim Johnson is also a former CEO of Fannie Mae who walked off with about 35 Mil.
Yeah, well McCain has been receiving campaign contributions from FNM and FRE for years. They're all in bed together, its like a jumbo mortgage orgy in DC. Kinky!
http://www.motherjones.com/mojoblog/archives/2008/09/9663_mccain_fannie_freddie.html
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