And WE pay -- How Freddie Mac Halted Regulatory Drive - NYTimes.com

[David Farber <dave () farber net>]

http://www.nytimes.com/aponline/washington/AP-The-Influence-Game-Freddie-Mac.html

WASHINGTON (AP) -- From a hefty lobbying budget to the use of free  
baseball tickets, Freddie Mac fended off any meaningful regulation in  
the years before the housing mortgage giant crashed, records obtained  
by The Associated Press show.

When the Washington Nationals played their first-ever baseball game in  
the nation's capital in April 2005, two congressmen who oversaw  
Freddie Mac had choice seats -- courtesy of the very company they were  
supposed to be keeping an eye on.


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