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To: Liz; penelopesire; STARWISE; hoosiermama

For more Rahm/Freddie info see:

http://www.freerepublic.com/focus/news/2215150/posts

Rahm Emanuel’s profitable stint at mortgage giant [Freddie Mac]
Chicago Tribune ^ | 3/26/09 | Bob Secter and Andrew Zajac


319 posted on 04/22/2009 7:45:45 AM PDT by maggief
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To: maggief

Thanks for the info. Rahm needs to be ‘frogmarched’ to a grand jury!


332 posted on 04/22/2009 7:53:11 AM PDT by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
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To: maggief; penelopesire; STARWISE; hoosiermama; Condor51
RAHM'S EFFORTLESS RISE TO THE TOP---SUBSIDIZED BY THE FINANCIAL INDUSTRY

(Sob) I just hate it when this perfect specimen is dissed (sniffle). Boy Wonder Rahm has had an amazing career path ---a straight-to-the-top trajectory.

Boy Wonder Rahm resigned his position as an advisor to Bill Clinton in 1998. He was lolling around, wondering how he could make several million overnight when -----wonder of wonders----Wall Street came calling.

Just like that (snaps fingers)-----Rahm became a Wall Street investment banker with Wasserstein Perella, (now Dresdner Kleinwort), where he worked until 2002.

In 1999, Boy Wonder Rahm became managing director at their Chicago office. According to Congressional disclosures, Emanuel made $16.2 million in his 2 1/2 year stint as a banker AND he paid all his taxes .

Amazingly, Rahm "The Perfect" became a multi-millioniare overnight----and he wasn't even voted "Most Likely To Succeed" (sniffle).

At Wasserstein Perella, Rahm worked on eight deals, including the acquisition by Commonwealth Edison of Peco Energy and the purchase by GTCR Golder Rauner of the SecurityLink home security unit from SBC.

Rahm "The Perfect" then ran for Congress (successfully, OF COURSE).

Luckily members of the securities and investment industry became Rahm's biggest backers, donating more than $1.5M to back to 2002, according to the Center for Responsive Politics. Rahm also leaned heavily upon the industry as 2006 Dem Congressional Campaign Committee Chair. Financial industry donors contributed more than $5.8M to the Dem committee, behind only retirees.

Pres Bill Clinton in 2000 named Rahm to the Board of Directors for the Federal Home Loan Mortgage Corporation ("Freddie Mac"). Rahm's position paid him $31,060 in 2000 and $231,655 in 2001 and paid all his taxes. During the time Emanuel spent on the board, Freddie Mac was plagued with scandals involving campaign contributions and accounting irregularities......(and precipitate the toxic mortgage banking crisis taxpayers are forced to bail out).

The Office of Federal Housing Enterprise Oversight (OFHEO) later accused the board of having "failed in its duty to follow up on matters brought to its attention." Emanuel resigned from the board in 2001 when he successfully ran for Congress.

In between Rahm's career choices, he won a coveted scholarship to the prestigious Joffrey School of Ballet; he was THAT good in a tutu.

======================================

Selfless, altruistic Rahm even found time to serve with (or in) the Israeli military. Course he's given out several stories about that----probably because the Mossad does not allow public scrutiny of Mossad agents stationed in the WH (sniffle).

SELFLESS RAHM HAS GIVEN OUT THIS VERSION He did not serve in the Israeli army. He was a civilian volunteer assisting the Israel Defense Forces during the 1991 Gulf War, repairing truck brakes in one of Israel's northern bases.

ALTRUISTIC RAHM HAS GIVEN OUT THIS VERSION During the 1991 Gulf War, Israel was asked by the United States not to militarily respond to the Scud missiles that Iraq was hurling at them. Israel did not .........and Rahm was in Israel to assist them in not responding militarily.

Obama can settle this Islamic smear jihad ONCE AND FOR ALL. Obaba should obtain copies of Rahn's paychecks paychecks to demonstrate that payments to Rahm were NOT coming out of the IDF military budget. Cause if they did, that would wipeout Rahm's US citizenship (bawl).

385 posted on 04/22/2009 8:30:12 AM PDT by Liz (I was like Snow White, then I drifted. Mae West (on liberalism.)
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