I don’t think the business/political press needed any reminders to be aggressive and severely skeptical when the coming debate on what to do with Fannie and Freddie hits—at least I hope it doesn’t.

But this quote might be worth sticking on the bulletin board just in case.

Ryan Chittum is a former Wall Street Journal reporter, and deputy editor of The Audit, CJR's business section. If you see notable business journalism, give him a heads-up at rc2538@columbia.edu.