In a letter to the CEO’s of both companies, Representatives Barney Frank, the chairman of the House Financial Services Committee, and Anthony Weiner warned that a 70 percent sales threshold “may be too onerous” and could lead condo buyers to shun new developments according to the paper.
You have to hand it to Barney Frank. He is determined to prove, beyond all doubt, that he is stupid. This is exactly the kind of, “FRANKING” that got us into the financial crisis in the first place.
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