Posted on 10/28/2011 12:42:43 PM PDT by tcrlaf
An investment firm whose vice chairman has been an adviser and fundraiser for President Obama saw one of its portfolio companies win approval this year for $50 million in loans from the administration’s clean-energy loan program.
Washington-based Perseus says its affiliation with James A. Johnson, a major fundraiser for Obama’s campaign, played no role in persuading the Energy Department to award the loan to Vehicle Production Group, a Miami start-up that is manufacturing wheelchair-accessible cars and taxis.
Johnson headed Obama’s vice presidential selection committee in 2008 and is the former chairman of housing mortgage giant Fannie Mae. He was listed as a campaign fundraising bundler for Obama in the 2008 race, according to the Center for Responsive Politics, and committed to raising $200,000 to $500,000 for the upcoming presidential race.
Johnson could not be reached for comment Thursday. Perseus Chairman Frank Pearl said in an interview that it is an “absurd idea” to think that Johnson’s political connections helped the Miami company.
(Excerpt) Read more at washingtonpost.com ...
Just ask ANYONE at the New York Times, or NPR/CBS/NBC/ABC/MSNBC!
Obama is the Fuhrer, after all. Who are WE to question what the messiah does with our money!
For your list.
WaPo giving out this info?
This is pure unadulterated fascism. I am sure Willy Messerschmitt got the same sweetheart deals in national socialist Germany during the 30’s and 40’s.
Friday afternoon news dump.
Nothing to see here. Move along
If my dog looked like that thing, I’d shave its behind and make it walk backwards.
Thanks for the heads up Army Air Corps
The list, ping
Let me know if you would like to be on or off the ping list
Thanks tcrlaf.
I was going to ask if James Johnson is the same as the Fannie’s past CEO that started the housing bubble.
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