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A few Senators got mega
bucks from Fannie Mae –
and the top three
were Democrats.
The number two top
money receiver was
Sen. Barack Obama.
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Links below in GREEN
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The collapse of Lehman Brothers
can be blamed on Fannie Mae
and Freddie Mac,
the two big mortgage banks
that the Feds bailed out
with big bucks.
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As Fox News has pointed out,
they used huge lobbying budgets
and political contributions
to keep regulators off their backs.
According to the Center
for Responsive Politics,
the top three U.S. senators getting
big Fannie and Freddie political
bucks were Democrats,
and No. 2 was Sen. Barack Obama,
who as Fox noted had only been in the Senate
four years but still managed to grab that
No. 2 spot ahead of longtime colleagues
John Kerry and Chris Dodd,
the chairman of the Senate Banking Committee.
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