Guess who's paying to defend Fannie and Freddie execs

"That's right, you are. Just when it seemed as if the government might actually be making progress in holding some high-ranking officials accountable for the mortgage crisis, Matt Stoller rains on our parade. The former policy adviser for Rep. Alan Grayson writes on the Naked Capitalism blog that the Federal Housing Finance Agency has agreed to pay the legal fees for the six housing executives sued by the Securities and Exchange Commission last week."