Ari Fleischer actually said...

Frankly, back on the substance of the question that you asked me, Anderson and that you asked Hilary, I think it's far worse that Fannie Mae and Freddie Mac have taken so many trillions of dollars that in effect was taxpayer money, taxpayer guaranteed money and squandered it on giving loans to people who had no means of paying back the loans.

Context

Fleischer highlights the financial mismanagement of Fannie Mae and Freddie Mac and its impact on the economy.

11/15/2011

https://transcripts.cnn.com...

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