bad judgement, or crooks?

The ex-head of Fannie Mae is a criminal? What was he convicted of and when did THAT happen? It is common knowledge that he, and many others, made some bad loans to people who couldnt pay them back. To want, and try, to put people into a home is a good thing, but he must put people into homes they can afford. As long as the homes were appreciating all was well but when that stopped happening, it went downhill quickly. It was certainly poor judgement and ineptitude, much like our Mayor and Council, and you may suspect criminal behavior (much like our Mayor and Council), but as of this moment no criminal case has been made in either case, has there?