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Post a Comment On: Doug Ross @ Journal

"Experts shocked as Jamie Gorelick executes another massive fail"

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Blogger Quilly_Mammoth said...

In the Spring of 2001 The Mistress of Disaster said:
"Our approach to our lenders is `CRA Your Way'," Gorelick said. "Fannie Mae will buy CRA loans from lenders' portfolios; we'll package them into securities; we'll purchase CRA mortgages at the point of origination; and we'll create customized CRA-targeted securities. This expanded approach has improved liquidity in the secondary market for CRA product, and has helped our lenders leverage even more CRA lending. Lenders now have the flexibility to use their own, customized loan products," Gorelick said.

Let's be clear: Jamie Gorelick greenlighted and directed the advancement of the shady paper that decimated the banking industry.

BTW: How'd that Duke assignment work out for her?

8:40 AM

Blogger DANEgerus said...

Did Jamie Gorelick(D) actually fail or did she simply serve up SallieMae for (D)emocrat consumption?

10:10 PM

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