Home -> Law Blog Directory -> In-House Counsel Blogs -> Legal Literacy
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense
Find a Local Lawyer
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402
In-House Counsel
: Legal LiteracyQuote of the Day: Government Rescue of Freddie Mac
By Hanna
It basically worked exactly as everyone expected — when things got bad, the government came to the rescue; but, we didn’t expect it would come at the cost of a new regulator who now has the power to burrow into our business forever.
Former high-ranking Freddie Mac executive as quoted in NY Times on August 5, 2008 about how red flags regarding questionable mortgages were ignored.
The Freddie Mac situation is in sharp contrast to the Pharmaceutical Research and Manufacturers of America, a trade group for drug makers and research companies that recently announced a new ethics code (effective in January 2009) designed to help companies avoid government investigations and prosecutions.
Some organizations appreciate the benefits of self-restraint and self-regulation. Others don’t. Given the above referenced quote and the mindset of management, don’t be surprised at the number of lawsuits, and their severity, as the Freddie Mac situation continues to unravel.
Full post as published by Legal Literacy on August 06, 2008 (boomark / email).
The Paulson Toxic Mortgage Debt Security Act: The Biggest Government Bailout of All Time
Legislative Proprosal for Treasury Authority to Purchase Mortgage-related Assets
Qui Tam Whistleblower - Government Fraud - Qui Tam Lawsuit
Qui Tam Whistleblower alleging fraud against the government reported by an individual acting as a government whistleblower.
Canadian Government
seeks new law enabling them to search your laptop
Federal Government
alleging discrimination against black farmers
US Government
alleging land surveyors should not be allowed on private property to build a US Mexican border wall.
US Federal Government
allegedly violated the niversal Declaration of Human Rights by deporting undocumented parents of US born children.
Immigration and Customs Enforcement
alleging government agencies and officials violated immigrant workers' constitutional rights.
#1 Online Legal Resource
On 08-25 at 15:46PM
Acute perpendicular parking #NYPD #NYFD
On 08-18 at 22:18PM
Parallel parking gone bad. Too much gas UES NYC
On 08-18 at 21:41PM
UES NYC
On 08-18 at 21:25PM
Twitter suspends journalist critical of broadcast partner's coverage on dubious grounds @guyadams #nbcfail #twitterfail
On 07-30 at 17:57PM
Model example of 1st Amendment suppression by the People of New York City's Michael Bloomberg #OWS #NYPD
On 07-12 at 21:07PM
AG Holder lackadaisical on Operation in our Sites domain name seizures & RIAA lobbied free speech suppression @dajaz1
On 06-08 at 22:44PM
Why is the Catholic Church going to court over Obama contraception policy? @NewYorker commentary
On 05-31 at 10:08AM
Monks sue Louisiana for right to sell caskets made from forrest destroyed by Katrina
On 05-31 at 07:47AM
Are the abortion ultrasound laws headed for the Supreme Court?
On 05-15 at 21:52PM
More on Possible Federal Government Measures to Prop Up Fannie and Freddie
What the Fannie and Freddie seizure means to consumers
U.S. Plans Rescue of Fannie Mae and Freddie Mac and Backs Off - - for Now
Bernake on the Health of Freddie and Fannie
Nothing to See Here, Move Along …
What Democrats Said About Fannie and Freddie
 |
|
Contact Us | About Us | Celebrity Law Blog |
Our Partners | Disclaimer
| Law Blog Directory
| Law Jobs
| Law Tweets
| Oil Spill Video
All original material © 1999-2011 by USLaw.com. All other material, including Blog Directory feed content, are © by their respective copyright holders. |