I can't take any more of this monkey.
Someone make him stop.
He makes David Lereah, Lawrence Yun and the Iraqi Information Minister actually look honest by comparison.
Sen. Dodd calls Fannie, Freddie 'fundamentally strong'
Embattled mortgage finance giants Fannie Mae and Freddie Mac are "fundamentally strong" and questions about their capital are unwarranted, a top U.S. Senate Democrat said Friday afternoon.
"This is not a time to be panicking about this. These are viable, strong institutions," Sen. Christopher Dodd, D-Conn., said at a Capitol Hill press conference.
The comments came as the two government-sponsored enterprises continued to be the focus of growing fears they could be insolvent or could face a capital crunch. Shares of Freddie Mac were recently down 10% following strong declines earlier this week, while Fannie Mae shares were down 24%.
"The economics are fine in these institutions and people need to know that," Dodd said. There's no reason "to talk about failure," he added.