US congressman (Baker R-LA) asks for Fannie execs perjury prob

[UpInArms]

http://today.reuters.com/investing/financeArticle.aspx?type=bondsNews&storyID=2006-06-14T172957Z_01_N14244533_RTRIDST_0_CONGRESS-FANNIE-PERJURY.XML

WASHINGTON, June 14 (Reuters) - A top Republican lawmaker said on Wednesday he asked the U.S. Justice Department to investigate whether former Fannie Mae executives perjured themselves in testimony before his subcommittee in 2004.

Rep. Richard Baker of Louisiana delivered the formal referral on Tuesday, requesting an investigation and prosecution if appropriate of former Fannie Mae (FNM.N: Quote, Profile, Research) Chief Executive Officer Franklin Raines and former Chief Financial Officer Timothy Howard.

"The accounting fraud at Fannie was despicable and demands punishment, but these men also had an opportunity to come clean, swearing an oath to tell the truth, which I believe the evidence shows they clearly and arrogantly flouted," said Baker.

...more...

[BOSSHOG]

1. Does it not just warm the cockles of one's heart

to know there is a republican who is outraged that someone may have lied?

[UpInArms]

2. the twit is only outraged because Raines was a Clinton appointee

:eyes: