Barney Frank lied then and lies now. The media did not call him on it then and does not call him on it now. Must be nice to be a Democrat politician with the media at your beck-and-call.
Gullible Americans continue to believe him and his Democrat partners in the biggest financial crime of the past 100 years.
Read how Frank blamed Bush for not promoting "affordable housing", ie: loans that could not be repaid...and now blames Republicans for the government encouragement that led to loans that could not be repaid.
These activities created the financial melt-down and economic disaster we're experiencing. Thanks Franks and Democrats.