I took the opportunity yesterday of watching seven hours of the Office of Thrift supervision forum on home funding, with four panels and several speakers. The occupied White House couldn’t have the news there get out, so it defrauded the public of real reporters by sending them on a wild goose chase.

Secretary of the Treasury Paulson scooped all the real news by announcing his vague plans to get the mortgage servicing industry to commit to freeze rates and bail out the industry.  Read more