A Quizzical Quote From Barney Frank
Here is a story from The New York Times of October 8 that discusses the situation at the FHA: http://www.nytimes.com/2009/10/09/business/09fha.html?pagewanted=1&_r=2 What I found particularly interesting in this story was a quote from Barney Frank, the chairman of the House Financial Services Committee: “I don’t think it’s a bad thing that the bad loans occurred,” he …