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| Home Front: Politix |
| Obama vice presidential search chief quits |
| 2008-06-12 |
| Democratic presidential candidate Barack Obama on Wednesday said the head of his vice presidential search team and former head of the mortgage giant Fannie Mae had decided to step aside. Obama said in a statement that Jim Johnson had decided to quit the unpaid position in order to avoid distracting from the process of gathering information about possible vice presidential candidates. |
| Posted by:Fred |
| #11 Question, what lending institution holds Obama's mortgage? |
| Posted by: Besoeker 2008-06-12 21:59 |
| #10 He is being referred to as "Obama's Johnson." |
| Posted by: Anonymoose 2008-06-12 17:39 |
| #9 Get We're all bozos under this bus. |
| Posted by: xbalanke 2008-06-12 13:52 |
| #8 He'll be back in the campaign three months from now. |
| Posted by: Pappy 2008-06-12 11:26 |
| #7 Get |
| Posted by: swksvolFF 2008-06-12 10:55 |
| #6 The ability to surround oneself with a team of competent and qualified individuals is fundamental to any real leader, let alone the senior office of President of the United States today. Chicago politics. You surround yourself with the corrupt people that have dirt on others so they can't throw it at you without the tosser getting real dirty. Only problem... Obama forgot he ain't in Chicago anymore. |
| Posted by: DarthVader 2008-06-12 09:36 |
| #5 Mr. Johnson, who led mortgage buyer Fannie Mae from 1991 to 1998, received more than $5 million in loans from Countrywide that were arranged outside its normal underwriting process. Mr. Johnson received loans from Countrywide on at least six properties between 1998 and 2007, some at lower-than-average interest rates. His debts to Countrywide as of mid-2007 exceeded $5 million. Guess someone's having some issues paying down principal, heh... |
| Posted by: Raj 2008-06-12 08:28 |
| #4 The ability to surround oneself with a team of competent and qualified individuals is fundamental to any real leader, let alone the senior office of President of the United States today. Obama repeatedly shows poor grades in this department and its not an office in which 'efforts' counts as much as 'results'. |
| Posted by: Procopius2k 2008-06-12 08:05 |
#3 WSJ reportsMr. Johnson, who led mortgage buyer Fannie Mae from 1991 to 1998, received more than $5 million in loans from Countrywide that were arranged outside its normal underwriting process. Anyone associated with Fannie Mae is a presumptive bad man until proven otherwise. If any private company acted the way Fannie, Freddie and Sallie do, they'd be pilloried in the press and subject to SEC investigation and prosecution. |
| Posted by: Nimble Spemble 2008-06-12 07:27 |
| #2 JosephM, if I recall correctly, when he headed up Fannie Mae, Mr. Johnson was getting extra-special interest rates and other loan goodies approved for him by the loan approval officer at either Fannie Mae itself or one of the key feeder banks associated with it. |
| Posted by: trailing wife 2008-06-12 06:45 |
| #1 IIRC, FOX NEWS + MSNBC > Jimbo J. was involved in alleged FINANCIAL = $$$ LOAN IMPROPRIETIES vv employer [NOT Barack]??? |
| Posted by: JosephMendiola 2008-06-12 00:22 |