Franklin D. Raines

(Newser) - Michael Dukakis says John McCain is using the same race-based tactics that sunk the Massachusetts Democrat’s 1988 presidential campaign, PolitickerMA reports. Dukakis cites an ad that criticizes Barack Obama’s supposed economic advisor, disgraced Fannie Mae CEO Franklin Raines, who’s also black. Dukakis called the spot “essentially”...

(Newser) - Coherent policy from Washington—not a financial bailout—is what mortgage titans Fannie Mae and Freddie Mac are most in need of, writes former Fannie chief Franklin Raines in the Washington Post. “They have more than enough capital to meet their cash obligations,” he writes, as well as...