Where are these crooks now? Surprise!
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Where are these crooks now? Surprise!

  1. #1
    Red Blooded American The Doctor's Avatar
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    Default Where are these crooks now? Surprise!

    Here's a quick look into the three former Fannie Mae executives who brought down Wall Street.

    Franklin Raines was a Chairman and Chief Executive Officer at Fannie Mae. Raines was forced to retire from his position with Fannie Mae when auditing discovered severe irregularities in Fannie Mae's accounting activities. Raines left with a "golden parachute valued at $240 Million in benefits. The Government filed suit against Raines when the depth of the accounting scandal became clear.

    Tim Howard - was the Chief Financial Officer of Fannie Mae. Howard "was a strong internal proponent of using accounting strategies that would ensure a "stable pattern of earnings" at Fannie. Investigations by federal regulators and the company's board of directors since concluded that management did manipulate 1998 earnings to trigger bonuses. Raines and Howard resigned under pressure in late 2004. Howard's Golden Parachute was estimated at $20 Million!

    Jim Johnson - A former executive at Lehman Brothers and who was later forced from his position as Fannie Mae CEO. Investigators found that Fannie Mae had hidden a substantial amount of Johnson's 1998 compensation from the public, reporting that it was between $6 million and $7 million when it fact it was $21 million." Johnson is currently under investigation for taking illegal loans from Countrywide while serving as CEO of Fannie Mae. Johnson's Golden Parachute was estimated at $28 Million.

    WHERE ARE THEY NOW?

    FRANKLIN RAINES?
    Raines works for the Obama Campaign as his Chief Economic Advisor.

    TIM HOWARD?
    Howard is a Chief Economic Advisor to Obama under Franklin Raines.

    JIM JOHNSON?
    Johnson was hired as a Senior Obama Finance Advisor and was selected to run Obama's Vice Presidential Search Committee.
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  3. #2
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    Quote Originally Posted by The Doctor View Post
    Here's a quick look into the three former Fannie Mae executives who brought down Wall Street.

    Franklin Raines was a Chairman and Chief Executive Officer at Fannie Mae. Raines was forced to retire from his position with Fannie Mae when auditing discovered severe irregularities in Fannie Mae's accounting activities. Raines left with a "golden parachute valued at $240 Million in benefits. The Government filed suit against Raines when the depth of the accounting scandal became clear.

    Tim Howard - was the Chief Financial Officer of Fannie Mae. Howard "was a strong internal proponent of using accounting strategies that would ensure a "stable pattern of earnings" at Fannie. Investigations by federal regulators and the company's board of directors since concluded that management did manipulate 1998 earnings to trigger bonuses. Raines and Howard resigned under pressure in late 2004. Howard's Golden Parachute was estimated at $20 Million!

    Jim Johnson - A former executive at Lehman Brothers and who was later forced from his position as Fannie Mae CEO. Investigators found that Fannie Mae had hidden a substantial amount of Johnson's 1998 compensation from the public, reporting that it was between $6 million and $7 million when it fact it was $21 million." Johnson is currently under investigation for taking illegal loans from Countrywide while serving as CEO of Fannie Mae. Johnson's Golden Parachute was estimated at $28 Million.

    WHERE ARE THEY NOW?

    FRANKLIN RAINES?
    Raines works for the Obama Campaign as his Chief Economic Advisor.

    TIM HOWARD?
    Howard is a Chief Economic Advisor to Obama under Franklin Raines.

    JIM JOHNSON?
    Johnson was hired as a Senior Obama Finance Advisor and was selected to run Obama's Vice Presidential Search Committee.


    Maybe michelle advised him on appointments?

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    Another bogus email. It was first circulated in 2008, before Obama was even elected. You would think the anti-Obama crowd would be able to come up with some new lies to spread instead of just repeating the ones that have already been debunked.

    FactCheck.org : Obama’s ‘Economic Advisers’

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    Senior Member Jake's Avatar
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    I mentioned this in a thread the other day and can you believe that nobody whats to talk about this. Didn't that guy from Tyco do pretty much the same thing and now he's in jail for 30 years.

    I just don't get it, nobody seems to get upset by this stuff any more, I think we are doomed by mediocrity.

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    Quote Originally Posted by Jake View Post
    I mentioned this in a thread the other day and can you believe that nobody whats to talk about this. Didn't that guy from Tyco do pretty much the same thing and now he's in jail for 30 years.

    I just don't get it, nobody seems to get upset by this stuff any more, I think we are doomed by mediocrity.
    You Think?

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    Quote Originally Posted by ram78d10 View Post
    Another bogus email. It was first circulated in 2008, before Obama was even elected. You would think the anti-Obama crowd would be able to come up with some new lies to spread instead of just repeating the ones that have already been debunked.

    FactCheck.org : Obama’s ‘Economic Advisers’
    Hell there is so many where do you start 3 yrs of BS

  8. #7
    Senior Member Jake's Avatar
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    Quote Originally Posted by ram78d10 View Post
    Another bogus email. It was first circulated in 2008, before Obama was even elected. You would think the anti-Obama crowd would be able to come up with some new lies to spread instead of just repeating the ones that have already been debunked.

    FactCheck.org : Obama’s ‘Economic Advisers’


    wrong! their part of his reelection comity.

    G. Gordon Liddy national syndicated radio 1 week ago

    try again dickwad
    Last edited by Jake; 01-09-2012 at 07:32 PM.

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