I never had a job. I bought my first house within a year of getting out of school, and I built a custom one four and a half years later. The Art Center didn't teach much about business, but I learned a lot from the Fortune 500 companies that were my clients.
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Well, Mark, I led the charge for five or six years to get reforms for Fannie Mae and Freddie Mac. I was chairman of an organization called 'FM Policy Focus.' What we were saying was, if there was blip in the housing market, Fannie and Freddie would destabilize the greatest economy in the world.
J. C. Watts