Let me first admit that I have not yet read the book but I plan to over the next several weeks. The book is Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon by Gretchen Morgenson and Joshua Rosner. It’s the story of the arrogance that was Fannie Mae before its collapse. David […]
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Tag Archives: Fort Worth
Fort Worth housing fund crisis shows need for more public oversight
Once again the lack of oversight of a city housing department leads to waste and abuse and puts the federal funds in jeopardy. The Fort Worth Weekly reported on May 19 that Jerome Walker the long-time deputy director of Fort Worth’s housing and economic development department was fired on May 7. Now the city’s funding […]
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June 20, 2011 