The Corner

by Walter Alarkon - 06/10/08 8:53 AM ET

Though Barack Obama is now attacking John McCain for supporting a “bailout of Wall Street,” Obama once said he wouldn’t challenge the Federal Reserve’s decision to bail out investment bank Bear Stearns, writes Mark Hemingway, who sees a contradiction. And while McCain is hitting Obama for the ties of his veep selection guru, Jim Johnson, to Countrywide Financial, McCain should also scrutinize Johnson’s tenure at Fannie Mae, which once hid Johnson’s salary as an executive from federal regulators, Byron York writes.

Tags Barack Obama John McCain