"In an interview with CNBC, Representative Barney Frank says he wants to push for prosecution of the people who caused the country's financial meltdown," the financial network reports:
The Massachusetts Democrat says he has no specific targets in mind, but says the most significant thing lawmakers can do is make past bad practices illegal.
A September report from the Business & Media Institute suggests one possible target for investigation: a senior member of the House Banking Committee. This congressman is "a recipient of more than $40,000 in campaign donations from Fannie since 1989" and "was once romantically involved with a Fannie Mae executive." The same congressman "was and remains a stalwart defender of Fannie Mae." We won't mention his name--oh wait, come to think of it, we already did.
In other news, O.J. Simpson has gone undercover in a Nevada prison in search of the real killer.
Friday, March 6, 2009
Oh, whither it should come to pass....