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US ambassador to The Hague to step down
Radio Netherlands ^ | 21 Feb 2008 | Staff

Posted on 02/21/2008 11:51:25 AM PST by Etoo

The Hague - The United States ambassador to the Netherlands, Roland Arnall, is resigning. He says he wants to return to the US as quickly as possible because his son is seriously ill.

Mr Arnall has been ambassador to The Hague since March 2006. His appointment generated a great deal of controversy. The US Senate initially refused to approve his nomination because his Ameriquest Mortgage Company, which specialised in making high-cost loans to people with low incomes, was being investigated for defrauding consumers.

The nomination was approved after the company reached a 220 million euro settlement. Mr Arnall, who is a billionaire, was an important contributor to United States President George W Bush's 2004 presidential campaign.


TOPICS: Business/Economy; Crime/Corruption
KEYWORDS: ameriquest; rolandarnall; subprime

1 posted on 02/21/2008 11:51:25 AM PST by Etoo
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To: Travis McGee

Ping em if you got em.


2 posted on 02/21/2008 11:52:46 AM PST by Etoo (I regret that I have but one screen name to sacrifice for my country.)
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To: Etoo

Whoa. Another casualty of the sub-prime mortgage crisis.


3 posted on 02/21/2008 11:53:51 AM PST by Zuben Elgenubi
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To: Etoo

Commendable.


4 posted on 02/21/2008 11:56:53 AM PST by Brian S. Fitzgerald ("We're going to drag that ship over the mountain.")
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To: Zuben Elgenubi

>>Whoa. Another casualty of the
>>sub-prime mortgage crisis.

I wouldn’t exactly call Arnall a “Casualty”

http://www.freerepublic.com/focus/f-news/1946191/posts


5 posted on 02/21/2008 12:27:46 PM PST by Etoo (I regret that I have but one screen name to sacrifice for my country.)
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