Franklin Raines

Franklin Raines

Franklin Delano "Frank" Raines (born January 14, 1949) is an American business executive. He is the former chairman and chief executive officer of the Federal National Mortgage Association, commonly known as Fannie Mae, who served as White House budget director under President Bill Clinton. His role leading Fannie Mae has come under scrutiny.

Read more about Franklin Raines:  Early Life, Career, Role in The Subprime Mortgage Crisis, Question of Raines and Obama Connection

Famous quotes containing the word franklin:

    Most people dislike vanity in others, whatever share they have of it themselves; but I give it fair quarter, wherever I meet with it, being persuaded that it is often productive of good to the possessor, and to others who are within his sphere of action: and therefore, in many cases, it would not be altogether absurd if a man were to thank God for his vanity among the other comforts of life.
    —Benjamin Franklin (1706–1790)