But, if the Bush Administration was so concerned, why did it do nothing? It could have criminally prosecuted Fannie and Freddie for numerous criminal violations, it could have suspeneded trading in their stock based on the frauds, etc. Bush stood by and did nothing. They were too afraid, as usual, of criticism in the media and on the Hill. And they also did nothing while there was a Republican majority. Bush is as guilty as Barney F*g.