Barney Frank Goes Apeshit Over S&P Insinuation The Dodd-Frank Is A Miserable Failure, Hypocritical Hilarity Ensues

Tyler Durden's picture

There is something oddly pot-meet-kettle-esque when Barney Frank, one of the men most responsible for the nationalization of the GSEs, sends out a letter bashing S&P head David Sharma, one of the men responsible for the credit crisis. Especially when the bashing is over something that is actually 100% true: that Dodd-Frank is the most pathetic and corrupt piece of legislation to come out of Washington since Gramm-Leach-Bliley.

 

And here is the report that prompted Frank's paroxysm of rage: