Gunpowder Chronicle posted on October 5, 2008 11:30 AM | Rating:
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Despite Barney Frank's whining that the collapse of Fannie Mae and Freddie Mac wasn't his fault (as head of the House Banking Committee), the truth is really starting to come out that he was much closer to this issue -- with a much bigger conflict of interest -- than previously thought.
It turns out that from 1991 to 1998, Fannie Mae's Assistant Director of Product Initiatives was one Herb Moses. He was also Barney Frank's partner at the time.
Fox News has all the details here.