[Dems_R_Losers]

Gorelick is not going to be so lucky when the indictments come down in the Fannie Mae investigation.

[randog]

Gorelick is not going to be so lucky when the indictments come down in the Fannie Mae investigation.

???

Please, do tell!

[investigateworld]

"Gorelick is not going to be so lucky when the indictments come down in the Fannie Mae investigation."

Ha Ha, We're not even going to try to kill that football, Lucy. (But details anyway please)

[highlander_UW]

Gorelick is not going to be so lucky when the indictments come down in the Fannie Mae investigation.

If I were her, I'd be worried for my life. Far too many around the Clintons suddenly find themselves dead by very mysterious circumstances when they appear to become a liability.

[doug from upland]

Where There's Corruption...
Follow the money Clinton staffers. Fannie Mae, as you may have heard, is having some financial problems. It would seem they have been cooking the books, Enron-style.

The Securities and Exchange Commission recently agreed with Fannie Mae's financial regulator, the Office of Federal Housing Enterprise Oversight, that the company misused accounting standards.
Earnings will be restated for 3-1/2 years, resulting in multibillion shortfalls. The company, now below its minimum capital requirement, had already agreed to boost its capital to 30 percent above the minimum by the middle of 2005 because of the accounting controversy.

Fannie Mae Chief Executive Franklin Raines and Chief Financial Officer Timothy Howard stepped down on Dec. 21 after regulators exposed the accounting errors that will force the massive earnings restatement.

I find it odd that this isn't splashed everywhere like Enron was. Then again, Enron was an energy company in Houston, Fannie Mae is not. And it might surprise you to know that Fannie Mae has a Vice Chairman who's name you might recognize. Jamie Gorelick. Yes, the same Jamie Gorelick who had no business being on the 9/11 Commission, and the same Jamie Gorelick, who as a deputy attorney general under Clinton, penned the famous memo segregating the FBI and the CIA. The same Jamie Gorelick who's law firm, Wilmer, Cutler, Pickering, Hale & Dorr, did a substantial amount of legal work for Fannie Mae.

And the same Jamie Gorelick who stepped down from her post as Vice-Chairman not that long ago. I'm very interested to see what part she might have played in this mess.

posted on Wednesday, December 29, 2004 3:58 PM

[danamco]

Gorelick is not going to be so lucky when the indictments come down in the Fannie Mae investigation.



More information on this matter, please???