By: John Keitel
Today Glenn R. Simpson of The Wall Street Journal is reporting that a Federal Grand Jury has been conviend in Los Angeles California to investegate Countrywide mortgage company. They have eyewitnesses from inside the companies they have interviewed that substantiate the claims.
Long time Barack Obama Supporters and Advisers have been included in subpoenaed records of individuals obtaining sweetheart deals from Countrywide mortgage.
Countrywide has had an “Exclusive “Strategic Agreement” with FANNIE MAE. The 1999 Agreement gave preference to Countrywide in which a major percentage of Fannie Mae’s clients would be handled by Countrywide.
The Countywide CEO, Angelo Mozilo, termed the special program “Friends of Angelo” according to the Wall Street Journal source, Robert Feinberg. He said they typically got a one percent reduction in the Jumbo loans, sometimes as high a $3 million. Most were previously UNDISCLOSED.
The characters involved:
Jamie Gorelick – Former Vice Chairman of the Board Fannie Mae, $960,000 loan. Lied about earnings to get annual bonuses!, Responsible for the information wall preventing the FBI and CIA from communicating evedidence that could have prevented the 9/11 ATTACK! Tapped by Barack Obama to be ATTORNEY GENERAL OF THE UNITED STATES OF AMERICA
Franklin Raines – Former CEO Fannie Mae, Lied about earnings to get annual bonuses!, Special VIP loan from Countrywide, Barack Obama Economic Advisor
James Johnson- Former CEO Fannie Mae, Lied about earnings to get annual bonuses!, Special VIP loan from Countrywide, Barack Obama Vice Presidential Search Team!
Charles Campion – Lobbyist for Fannie Mae and Countrywide. Barack Obama received donations over 3 years that amount to the second highest donations among ALL recipients from 1989-2008. Campion and Jim Johnson managed Walter Mondale’s Presidential Campaign.
Senator Chris Dodd (D)-Connecticut – NOT IMPLICATED YET! – Chairman Senate Banking Committee received the most money from Fannie Mae and Freddie Mac’s lobbyist during 1989-2008!
OBAMA WILL BE KNOWN BY THE COMPANY HE KEEPS.
Currently, 1:30 EST, Senator Dodd is telling America they have an agreement to take $700 Billion from the people to pay the rich! Which will of course be raised to 2 Trillion by the end!
Not yet! because they have to go back to there respective Parties and get their approval. Why even hold a Presser if you don’t have the deal done yet? Go back to work, no have the Senate Banking Committee swear you in for under oath so the American people can get you and the other CEO’s testimony on the record!
Together these companies and lobbyist schemed to drop requirements for loans. They gave loans that did not have income requirements. Illegal aliens received loans!!
Now they want the American Taxpayer to bail out the banks. If I want a loan right now I would have to have collateral. No collateral no loan is the message the banks should hear.
Why not tell the banks if you cannot stay in business then the homeowners don’t have to pay their mortgages! If I defaulted they would take my house not loan me more money!
Where is the media storm on the biggest highjacking of the American Taxpayer by these people? Oh yeah they’re on the campaign for OBAMA!!!!!
Filed under: 2008 presidential race, News and Views, media bias | Tagged: obama, politics, barack, political, taxes, election, race, hussein, presidential, mondale, General, chris, campaign, adviser, american, senator, taxpayer, fannie, mae, freddie, mac, ceo, countrywide, franklin, raines, charles, dodd, gorelick, economic, federal, advisers, financial, crisis, trillion, barry, depression, wall street, journal, jim johnson, jammie, campion, walter, lobbyist, grand, jury, los, angeles, 700, billion, subpoenaed, angelo, mozilo, freinds, donations, glenn, simpson, eywitnesses, preference, robert, feinberg, jumbo loan, loans, undisclosed, vip, sweetheart, deals
[...] the only Democrat with his hand in the cookie jar. Other Senators were as well. Perhaps even more troubling, the very folks in charge of running Fannie Mae, all Democrats, like Jamie Gorelick, Franklin [...]