Here’s an interesting interview with one of the authors of Guaranteed to Fail: Fannie Mae, Freddie Mac, and the Debacle of Mortgage Finance. I haven’t read the book, but this review from the Financial Times gives a good summary of it. Richardson compares Fannie and Freddie and their dealing with Congress as Godzilla vs. King Kong destroying buildings in downtown Tokyo. Seems pretty accurate to me. . .

The Daily Show – Matthew Richardson Get More: Daily Show Full Episodes,Political Humor & Satire Blog,The Daily Show on Facebook