Just When You Thought All The Chutzpah Was Used Up

here comes Franklin Raines, former head of Fannie Mae and Freddie Mac, blames Congress for not regulating him more!

Raines argued that the companies’ main regulator, the Office of Federal Housing Enterprise Oversight, didn’t seek to restrict the amount of credit risk the companies were allowed to assume.

Well obviously. It's not the CEO's fault nobody regulated him.