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Post by sometimeman on Aug 27, 2008 20:38:27 GMT -4
And pretty too! www.scoop.co.nz/stories/HL0808/S00344.htmMy first experience with serious media censorship was in 1989. A reporter from the New York Times had to resign to keep the Washington bureau chief from tampering with a story about me when I was Assistant Secretary of Housing - FHA Commissioner. I did not understand what was happening. Many years later, I came to believe that the problem related to my efforts to bring financial transparency to the FHA and Ginnie Mae operations at HUD and the risks that transparency posed to what I now believe was the operation of collateral fraud and related securities fraud at FHA-HUD. Seven years later, I ran into a serious problem with the Washington Post. A front-page story about me was spiked and the reporter would not return my calls. It related to the seizure of my company’s digital databases by the HUD and the Department of Justice. We were creating software programs and databases that could reconcile outstanding mortgage-backed securities data to street-level housing data. The prospect of such reconciliation had sent official Washington into a state of complete panic.
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