Saturday, November 8

Emanuel tied to Freddie and Fannie

Anyone caught up with that organization should be hanging their head in disgrace.

President-elect Barack Obama’s newly appointed chief of staff, Rahm Emanuel, served on the board of directors of the federal mortgage firm Freddie Mac at a time when scandal was brewing at the troubled agency and the board failed to spot “red flags,” according to government reports reviewed by ABCNews.com.

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