Friday, June 18, 2010

Guess who holds patent for carbon-trading plan: Disgraced Fannie Mae CEO set to cash in for millions

Jerome Corsi reports:
Former Clinton and Obama budget adviser Franklin Raines owns a key carbon-emissions patent he developed as CEO of the government-sponsored mortgage giant Fannie Mae, positioning him and his partners to make millions of dollars if it is used in any carbon-capping scheme implemented by the Obama administration.

Raines and his associates led Fannie Mae and Congress to believe Fannie Mae owned the patent, despite public records to the contrary, a WND investigation has found.
You can't say Franklin Raines isn't good at scams.