Nov 09
James B. Lockhart, III, Director of the Office of Federal Housing
Enterprise Oversight (OFHEO) took the New York State
Attorney General to task Thursday for involving Freddie Mac and Fannie
Mae in his investigation of subprime lending.
On November 8 Lockhart fired off a letter to Cuomo
which may be the best example of how to chasten and shrink an opponent
since Cyrano DeBergerac taught the course. First he patiently reminded
Cuomo…