Barney Frank's conflict of interest at Fannie Mae: His male lover...

Why Barney Frank resisted additional regulation of Fannie Mae
Ethel C. Fenig
While Bill O'Reilly absolutely exploded at Rep. Barney Frank (D-MA) on his Fox news show The O'Reilly Factor, screaming at him, "Shouldn't everybody in the country be angry with you right now?" - while asking Frank to remove himself as chairman of the House Financial Services Committee, which oversaw Fannie Mae and Freddie Mac, O'Reilly was uncharacteristically reticent about another factor in Frank's personal life which bear upon these institutions.

What a shame.

Bill Sammon of Fox News explains

Now that Fannie Mae is at the epicenter of a financial meltdown that threatens the U.S. economy, some are raising new questions about Frank's relationship with Herb Moses, who was Fannie’s assistant director for product initiatives. Moses worked at the government-sponsored enterprise from 1991 to 1998, while Frank was on the House Banking Committee, which had jurisdiction over Fannie.

Both Frank and Moses assured the Wall Street Journal in 1992 that they took pains to avoid any conflicts of interest. Critics, however, remain skeptical.

And they have every reason to be skeptical; Moses and Frank were lovers who lived together from 1987 until 1998.

....snip....


bahhhhhhh
lol