larry summers ordered the rewriting of a report which found that fannie mae and freddie mac should be privatized and stop receiving your tax dollars. treasury secretary geithner and former omb director orszag don t emerge from the book looking better. by the way, this book is phenomenal. i want to say that up front. there s so much information in here. we do we could do a whole hour special. thanks sean. sean: freddie and fannie, franklin raeupbdz. the community reinvestment. act all of these things together. am i right in saying that government forced banks and financial institutions to lessen these lending requirements so that people could get mortgages knowing that the people would never be able to repay these loans is that true? clip you showed outside of
larry summers ordered the rewriting of a report which found that fannie mae and freddie mac should be privatized and stop receiving your tax dollars. treasury secretary geithner and former omb director orszag don t emerge from the book looking better. by the way, this book is phenomenal. i want to say that up front. there s so much information in here. we do we could do a whole hour special. thanks sean. sean: freddie and fannie, franklin raeupbdz. the community reinvestment. act all of these things together. am i right in saying that government forced banks and financial institutions to lessen these lending requirements so that people could get mortgages knowing that the people would never be able to repay these loans is that true?