Letters to the Editor
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Why didn't you mention Hank Paulson?
Of course Countrywide and the entire pantheon of subprime lenders would have never prospered without the GSE's, Fannie and Freddie,(left wing socialist agencies) who took the toxic mortgages off the lenders books and buried them where the auditors would never find them. But for sheer unmitigated, sleezy behavior, Goldman Sachs takes it all, having underwritten a ton of subrpime debt, they made money in the last quarter by shorting the market in these things, which does not exist on any listed exchange. That action surely drove the value of that paper lower, and put the borrowers further in arrears, but hey, Goldman made their number. Why didn't you mention Hank Paulson? Part of the NeoCon Robber Barron fraternity.