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| Home Front: Politix |
| Rahm Emanuel's profitable stint at mortgage giant |
| 2009-03-27 |
| Before its portfolio of bad loans helped trigger the current housing crisis, mortgage giant Freddie Mac was the focus of a major accounting scandal that led to a management shake-up, huge fines and scalding condemnation of passive directors by a top federal regulator. One of those allegedly asleep-at-the-switch board members was Chicago's Rahm Emanuel--now chief of staff to President Barack Obama--who made at least $320,000 for a 14-month stint at Freddie Mac that required little effort. As gatekeeper to Obama, Emanuel now plays a critical role in addressing the nation's mortgage woes and fulfilling the administration's pledge to impose responsibility on the financial world. |
| Posted by:Fred |
| #4 ...or taking hostages. |
| Posted by: tu3031 2009-03-27 12:11 |
| #3 Think of it like the mob eliminating witnesses. |
| Posted by: Redneck Jim 2009-03-27 11:10 |
| #2 You all created it and made us pay for it, and now you persecute those that are supposed to smoke the books for your interest. You are no longer running a government in Gods Eyes. |
| Posted by: newc 2009-03-27 01:02 |
| #1 Well, if you may rip off the government, it makes you a GOOD DEMOCRAT. Afterall, these are not real people that pay taxes, just peons. FU Freddie mac and fannie mae, FU government execs - DODD, FRANKS, Rham (you scumbag) , and yes you, MR President. You are a scum sucking suck bag from the depths of HELL. |
| Posted by: newc 2009-03-27 01:01 |