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Obama Advisor Pleadged $1 Trillion of Sub-Prime Loans as Fannie Mae CEO" (cnsnews.com) This move help trigger this crisis
Quote:
CNSNews.com) - James A. Johnson--the man chosen by Sen. Barack Obama to lead his vice presidential search committee---served as head of the Federal National Mortgage Association, or “Fannie Mae,” from 1991 to 1998, receiving a reported $21 million in compensation upon his departure.
Quote:
As CEO of Fannie Mae, Johnson set a goal of buying up $1 trillion in low-income mortgage loans, a move that eventually helped trigger what would become the sub-prime mortgage crisis
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WHY IS IT THAT 3 OF THESE BIG TIME CORPORATE GUYS ARE ON OBAMAS TEAM. THAT RACKED IN OVER 100 MILLION DOLLARS AND NOW THIS HAS HAPPEN
Quote:
CNSNews.com) - James A. Johnson--the man chosen by Sen. Barack Obama to lead his vice presidential search committee---served as head of the Federal National Mortgage Association, or “Fannie Mae,” from 1991 to 1998, receiving a reported $21 million in compensation upon his departure.
Quote:
As CEO of Fannie Mae, Johnson set a goal of buying up $1 trillion in low-income mortgage loans, a move that eventually helped trigger what would become the sub-prime mortgage crisis
.
WHY IS IT THAT 3 OF THESE BIG TIME CORPORATE GUYS ARE ON OBAMAS TEAM. THAT RACKED IN OVER 100 MILLION DOLLARS AND NOW THIS HAS HAPPEN