Video: Comparing Fannie/Freddie to
A new YouTube group, Taxpayers for Truth, has a good question to ask today.
The Bush administration frog-marched executives from Enron, Tyco, and Worldcom into federal prison for their financial shenanigans, in collapses that look positively microscopic in the wake of the failure of Fannie Mae and Freddie Mac. Why hasn't anyone in the recent failure received the same treatment?
Here is the roster presented by the video, in brief: Bernard Ebbers, Worldcom:
25 years in prisonKen Lay, Enron: Convicted on 10 counts, died before serving sentenceJeff Skilling, Enron:
24 years in prisonAndrew Fastow, Enron:
10 years in prisonDennis Koslowski,...