www.richardarsenault.com ! Featuring most of a speech Nader made in his 2000 campaign. The questions from the audience have been edited out because they were hard to hear. No content has been deleted. I will keep this posted for historical perspective. I produced and directed this no-budget doc. © 2000, 2008 Right-Film Inc. 9 “Eight years ago, consumer advocate Ralph Nader correctly predicted that the Federal Inhabitant Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) were on track to stay on the savings and loan industry of the 1980s and 90s into a huge financial heap of distress. Nobody listened, and taxpayers are now at risk of losing tens of billions of dollars. Wall Road is being shaken to its foundation. American International Group Inc., the largest US insurer by assets, is now teetering on the verge of ruin after suffering losses of $18 billion in the past three quarters, largely due to its sub prime mortgage exposure.” — The Nation 9/16