NOT PART OF THE DODD-FRANK FINANCIAL BILL: Fannie Mae and Freddie Mac. “The public-private mortgage buyers were the underwriters of the housing bubble ... and have already soaked taxpayers to the tune of $150 billion for unwise loans. These ‘government subsidized entities’ are on the hook for $5.4 trillion and the taxpayer commitment is unlimited. But there is no plan to spin down the taxpayer commitment or to set new rules for the disastrously mismanaged firms -- perhaps because so many of those who did the mismanaging are friends, associates and employees of the president and the primary authors of the bill.”