Moore falsely accused Frank of ``involvement in giving a blank check to Fannie and Freddie''
The Wall Street Journal's Stephen Moore falsely accused Rep. Barney Frank of ``involvement in giving a blank check to Fannie and Freddie,'' echoing the oft-repeated myth that Frank fought efforts to strengthen congressional oversight over Fannie Mae and Freddie Mac.
The SEC brought charges against Goldman and one of its vice presidents, ``for defrauding investors by misstating and omitting key facts about a financial product tied to subprime mortgages as the US housing market was beginning to falter,'' it said.