>>Where did the problem come from?
>>
>>Were the risks known?
>>
>>Who said there wasn't any problem (while playing with the fanny of the fanny mae chairman (possibly making his pageboys jealous))?
>>
>>http://www.snopes.com/politics/business/easescredit.asp
>
>Appears that Bush actually tried to do something right, and was thwarted by a congress with it's collective head buried in the sand.
>
>Much as I dislike GWB, you gotta give credit where it's due and blame where it's due also.

Alan, do you have a source for this?