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Obama Veep Advisor Received $1.9 Million in Cooked Books Scandal
The Patriot Room ^ | June 11, 2008 | Bill Dupray

Posted on 06/11/2008 10:37:12 AM PDT by Bill Dupray

Another example of that famous Obama good judgment.

According to today’s Washington Post, Obama’s veep vetter Jim Johnson is linked to an accounting scandal at his former company, Fannie Mae. The newspaper reported this morning that Johnson “was the beneficiary of accounting in which Fannie Mae’s earnings were manipulated so that executives could earn larger bonuses. The accounting manipulation for 1998 resulted in the maximum payouts to Fannie Mae’s senior executives — $1.9 million in Johnson’s case — when the company’s performance that year would have otherwise resulted in no bonuses at all.

(Excerpt) Read more at patriotroom.com ...


TOPICS: Campaign News; Issues; Parties
KEYWORDS: 2008; 2008veep; barackobama; carter2; carterredux; corruptdems; democratparty; democrats; electionpresident; elections; fanniemae; jimjohnson; obama; obamatruthfile; scandal; vicepresident

1 posted on 06/11/2008 10:37:12 AM PDT by Bill Dupray
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To: Bill Dupray
More "Change we can believe in". Ha1 That's a luagh.

THE AUDACITY OF TRUTH ABOUT BARACK HUSSEIN OBAMA

VOTE NObamaNation 2008

2 posted on 06/11/2008 10:40:52 AM PDT by Jeff Head (Freedom is not free...never has been, never will be. (www.dragonsfuryseries.com))
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To: Bill Dupray

McCain really does not have to do anything. No attacks are needed when your opponent is his own worst enemy.


3 posted on 06/11/2008 10:42:20 AM PDT by 6SJ7
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To: Bill Dupray
Berry can not be bothered by the real estate dealings of his campaign members.
4 posted on 06/11/2008 10:42:39 AM PDT by Red_Devil 232 (VietVet - USMC All Ready On The Right? All Ready On The Left? All Ready On The Firing Line!)
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To: Red_Devil 232

This is not the Jim Johnson that Barack knows.
These aren’t the Droids you’re looking for.
Move along.


5 posted on 06/11/2008 10:45:42 AM PDT by massgopguy (I owe everything to George Bailey)
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To: 6SJ7

For those of you who think investigative journalism is at work here...think again.

Hillary’s people are fairly upset. They are going to quietly go about hindering and hurting Obama for the remainder of this year. McCain doesn’t need to slug this out...he just needs a weekly event like this to make Obama stumble. I’m pretty sure they have forty or fifty stories prepared and will release as each one loses steam.


6 posted on 06/11/2008 10:46:08 AM PDT by pepsionice
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To: Recovering Ex-hippie

OMG!! Now Obama’s ‘vetter’ is caught up ihna cook book scandal?? I wonder if Rachel Raye is involved? Hmmm...


7 posted on 06/11/2008 10:52:50 AM PDT by Chieftain (RIP Texas Cowboy, 68-69 TonkinGulfYachtClub and Chief Negotiator, we miss you all.)
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To: Bill Dupray

Don’t vet me, bro!!!


8 posted on 06/11/2008 10:53:10 AM PDT by GnuHere
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To: Bill Dupray
Hugh Hewitt said this guy had a multi million dollar interest free loan. Sound like income to me and should be audited by the IRS. Hussien sure has some strange friends.
9 posted on 06/11/2008 10:53:32 AM PDT by Parley Baer
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To: 6SJ7

What does Rush say? - “We won’t make a fool of you, but if you’re in the middle of it, we’ll certainly get out of the way and let you.” BHO may just deflate his own balloon...


10 posted on 06/11/2008 11:04:06 AM PDT by jagusafr ("Bugs, Mr. Rico! Zillions of 'em!" - Robert Heinlein)
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To: Bill Dupray

Johnson’s total compensation for just 1998 was $21,000,000.00, according to the Wall Street Journal.

Gee, I wish I had a gig like that! Yowsa!


11 posted on 06/11/2008 11:20:23 AM PDT by RexBeach
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To: Parley Baer

Mr. Obama says Mr. Johnson doesn’t work for him.

He really said that...yesterday.

Reminds me of that reporter that asked John Kerry if the SUV in front of Kerry’s house was his? Kerry answered, “no, that’s not mine, it belongs to the family.”


12 posted on 06/11/2008 11:25:00 AM PDT by RexBeach
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To: Bill Dupray

The fish rots from the head down. Obama has made a living off of graft and sleaze.


13 posted on 06/11/2008 11:43:20 AM PDT by Blood of Tyrants (G-d is not a Republican. But Satan is definitely a Democrat.)
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To: RexBeach
Johnson resigned this afternoon from Obama’s VP search team. I guess when you don't work for someone you still have to resign?
14 posted on 06/11/2008 12:02:30 PM PDT by Red_Devil 232 (VietVet - USMC All Ready On The Right? All Ready On The Left? All Ready On The Firing Line!)
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To: Red_Devil 232

I’ve always resigned from jobs I never had! :)


15 posted on 06/11/2008 12:04:09 PM PDT by RexBeach
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To: RexBeach
Just wondering if I need to send Obama a resignation letter. You know just in case he might be confused and think I work for him.
16 posted on 06/11/2008 12:08:47 PM PDT by Red_Devil 232 (VietVet - USMC All Ready On The Right? All Ready On The Left? All Ready On The Firing Line!)
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To: Bill Dupray

“Cooking books” is his “personal life”. It has nothing to do with being president of the USA. <—a sarcastic blast from the past


17 posted on 06/12/2008 2:11:06 PM PDT by Notasoccermom
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To: Chieftain

LOL!!!


18 posted on 06/13/2008 7:40:35 PM PDT by Recovering Ex-hippie (WE NEED A TROOP SURGE IN CHICAGO !)
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