Adéu a Nihil Obstat | Hola a The Catalan Analyst

Després de 13 anys d'escriure en aquest bloc pràcticament sense interrumpció, avui el dono per clausurat. Això no vol dir que m'hagi jubilat de la xarxa, sinó que he passat el relleu a un altra bloc que segueix la mateixa línia del Nihil Obstat. Es tracta del bloc The Catalan Analyst i del compte de Twitter del mateix nom: @CatalanAnalyst Us recomano que els seguiu.

Moltes gràcies a tots per haver-me seguit amb tanta fidelitat durant tots aquests anys.

dijous, 18 de setembre de 2008

Obama, el més beneficiat per les donacions de Fannie Mae i Freddie Mac

Després de no aixecar cap a les enquestes des de la convenció del partit republicà, Barack Obama ha decidit aprofitar la crisi de Wall Street per intentar remuntar la seva popularitat. I ho fet criticant McCain i Bush per "no haver mogut ni un dit" per reformar les regulacions que podrien haver previngut la crisi.

Resulta curiós que sigui Obama el que faci ara aquest retret quan l'any 2005 va ser ell, junt amb altres legisladors demòcrates, el que es va oposar a la proposta de McCain i Bush d'investigar les finances de Fannie Mae i Freddie Mac.

Més que curiós, resulta sospitós. Sobre tot, després de saber-se que Barack Obama és el legislador més beneficiat -a raó de 42.116 dòlars a l'any- per les donacions de... Fannie Mae i Freddie Mac!

(Via Barcepundit)

ADDENDA.- Intervenció de John McCain al Senat el 25 de maig del 2005:

Mr. President, this week Fannie Mae’s regulator reported that the company’s quarterly reports of profit growth over the past few years were “illusions deliberately and systematically created” by the company’s senior management, which resulted in a $10.6 billion accounting scandal.

The Office of Federal Housing Enterprise Oversight’s report goes on to say that Fannie Mae employees deliberately and intentionally manipulated financial reports to hit earnings targets in order to trigger bonuses for senior executives. In the case of Franklin Raines , Fannie Mae’s former chief executive officer, OFHEO’s report shows that over half of Mr. Raines’ compensation for the 6 years through 2003 was directly tied to meeting earnings targets. The report of financial misconduct at Fannie Mae echoes the deeply troubling $5 billion profit restatement at Freddie Mac.

The OFHEO report also states that Fannie Mae used its political power to lobby Congress in an effort to interfere with the regulator’s examination of the company’s accounting problems. This report comes some weeks after Freddie Mac paid a record $3.8 million fine in a settlement with the Federal Election Commission and restated lobbying disclosure reports from 2004 to 2005. These are entities that have demonstrated over and over again that they are deeply in need of reform.

For years I have been concerned about the regulatory structure that governs Fannie Mae and Freddie Mac–known as Government-sponsored entities or GSEs–and the sheer magnitude of these companies and the role they play in the housing market. OFHEO’s report this week does nothing to ease these concerns. In fact, the report does quite the contrary. OFHEO’s report solidifies my view that the GSEs need to be reformed without delay.

I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.

I urge my colleagues to support swift action on this GSE reform legislation.


Franklin Raines va ser nomenat director general de Fannie Mae per Clinton i el seu successor en el càrrec, entre els anys 1991 i 1998, va ser James Johnson.

Tots dos són assessors d'Obama.