LENDER COMPENSATION OKAY FOR GORELICK, RAINES, JOHNSON BUT NOT FOR BANKERS

MULTIPLE | 2/12/2009 | SELF-COMPILATION OF SOURCES

[SERKIT]

It seems making big bucks at the expense of failing lenders was perfectly OK for FOB (friends of Barry) but it is not OK for current bankers to make anything over $500,000.

Obama insists limits to bankers should be $500,000.K

Gorelick earned an estimated $26,000,000 serving as vice chair of Fannie Mae from 1998 to 2003

The Clinton administration's White House Budget Director Franklin Raines ran Fannie and collected $50,000,000. Jamie Gorelick — Clinton Justice Department official — worked for Fannie and took home $26,000,000. Big Democrat Jim Johnson, recently on Obama's VP search committee, has hauled in millions from his Fannie Mae CEO job.

These figures have paid themselves impressive private-sector salaries. Johnson earned $21,000,000 in just his last year at Fannie Mae. Raines earned $90,000,000 for five years’ work at Fannie Mae. Gorelick got $26,000,000.

[SERKIT]

The audacity of hubris.

[litehaus]

BTTT for some truth bout scumbags of WASHINGTON !

[devistate one four]

Is that Gorelick the same one who is resposible for 9/11?

[silverleaf]

there ya go. failed institutions, backed by taxpayers

will congress call back their bonuses?

[mallardx]

CNN has a beaming reporter on saying 59% of Americans support the "stimulus bill" up from 52% last week, as Obama has so masterfully campaigned for this bill. She is smiling from ear to ear, gushing in her love for Obama, standing in front of the White House. Isn't this marvelous?

/sarc

[autumnraine]

Bump, but I don’t know why because no one will care that we all were robbed by a select few and 80% are still ignorant sheep that is bleating for Obama to get them a job besides McDonalds.

[Flightdeck]

“Is that Gorelick the same one who is resposible for 9/11?”

Yes, she is one of the single most incompetent and disastrous humans in the history of our country.

[mallardx]

Yes the same Gorelick who enforced the “wall” between agencies, ruining intelligence ops. The same Gorelick that was on the 9/11 Comission, if you can believe that. The same Gorelick that made $29,000,000 off of failed policies that bankrupted our Treasury. Get a rope!

[FES0844]

Disgusting bunch of hypocrits. My pitchfork is ready!

[Windflier]

Gorelick earned an estimated $26,000,000 serving as vice chair of Fannie Mae from 1998 to 2003

I couldn't help but whip out the old calculator, seeing that. It breaks down to exactly $100,000 a week, for five years.

I remember when the President of the United States' annual salary was $200,000.

Nothing could possibly have justified such outrageous compensation to Gorelick. Print THAT in the NY Times, and watch what happens.

[voveo]

Democratic policies:
1-reward failure
2-take no responsibility
3-master blame shifting
4-steal from taxpayers
5-vote personal raises
6-use taxpayers money to buy votes
7-break any law you want and then change them
8-pay no taxes unless caught

[SERKIT]

I am part of Chuck U Schumer’s “chattering class” that cares about this stuff.

[Prokopton]

Nothing could possibly have justified such outrageous compensation to Gorelick.

To bad that GWB and the Republicans who controlled Congress didn't agree with you. All of Washington is thoroughly corrupted. Obama might be a little more blatant but he is still swimming in the cesspool fouled by those before him.

[visualops]

yep.

[Sister_T]

Bookmarked.

[Inwoodian]

Couldn’t there be a Stockholder’s Derivative suit or a taxpayer’s suit to disgorge these outrageous payments while working in a quasi-public job?

[devistate one four]

I wish I could see these aholes frog marched through the streets with a load of tar and feathers on them, and then the rope.
The greatest country on the planet and the dems w/ thier media trolls want it changed to a dump.

[vpintheak]

Hearing these democrap pukes scolding these bankers just makes me want to puke. I wish just once, one of these people would stand up and let these congross critters have it!

[SERKIT]

We are into a full-blown thugocracy and mob rule. The hypocrisy is deafening.

[Jenny217]

Her other claim to fame is as legal counsel for Duke University. - Trying to defend the indefensible in the frame-up of 3 innocent young men.

[devistate one four]

Dang! I forgot that! Thanks.
I don’t understand how and why these people are still in our face.

[Windflier]

Nothing could possibly have justified such outrageous compensation to Gorelick.

>> To bad that GWB and the Republicans who controlled Congress didn't agree with you. <<

You'll get no argument from me on that. As you said, DC is a corrupt and putrid cesspool, through and through.

I just don't know how much more putrid and corrupt it will have to become for The People take matters into their own hands.

If FR is any sort of reliable barometer of the mood of The People, that time is not far off.

[okie01]

You'll get no argument from me on that. As you said, DC is a corrupt and putrid cesspool, through and through.

It occurs to me that the country's biggest enemy isn't necessarily liberal Democrats.

Instead, the country's biggest enemy may well be the Washington establishment.

They're mostly liberal Democrats, to be sure. But the likes of Snow, Collins and Specter, not to mention John McCain and Lindsay Graham, and the other corrupt and arrogant GOPers also fit the mold.

[Windflier]

It occurs to me that the country's biggest enemy isn't necessarily liberal Democrats.

Instead, the country's biggest enemy may well be the Washington establishment.

I think you're batting a thousand today.

I have no doubt that the whole government industrial complex is one, big inter-dependent beast with one goal, and one goal only; feeding its gargantuan maw for its own survival.

You could probably eliminate 75% of the people involved in our government, and it would not only work just fine, but might even perform its constitutional duties - serve the people's interests, etc.

[SERKIT]

AIG can’t do it but Gorelick, Raines, Johnson got a way with it....

[SERKIT]

Chuck “You” Schumer should reclaim these bonuses, too!!!

[CPT Clay]

bookmarked

[Ernest_at_the_Beach]

Crosslinking:

Will Obama’s Chief of Staff Return Money From Stock Options ...from... Freddie Mac ?

And another appointee:

Creator of Freddie Mac’s Home Possible goes to FHA ( The Creator of Housing Blue Print bubble???)

[FromLori]

http://bluelori.blogspot.com/2009/03/black-hole.html

[SERKIT]

BTTT