Skip to comments.
RAHM EMANUEL: In Banking, Top Obama Aide Made Money and Connections (FRIEND OF MADOFF?)
NY TIMES ^
| December 4, 2008
Posted on 12/19/2008 5:55:46 AM PST by Liz
click here to read article
Navigation: use the links below to view more comments.
first 1-20, 21 next last
Mr. Emanuel went down the well-trodden gilded path out of politics and into the lucrative world of business.....making more than $18 million in just 2 1/2 years, turning his substantial political Rolodex into paying clients and directing his negotiating prowess and trademark intensity to mergers and acquisitions.
Ain't that sump'n? Rahm makes friends so easily----betcha he was voted "most likely to succeed."
After Mr. Emanuel left banking to run for Congress, members of the securities and investment industry became his biggest backers, donating more than $1.5 million to his campaigns dating back to 2002, according to the Center for Responsive Politics.
How much did Ponzi Madoff, and that ilk, donate to Rahm?
With Rahm in the WH, Madoff might be dreaming of a presidential pardon........not a White Christmas.
1
posted on
12/19/2008 5:55:47 AM PST
by
Liz
To: Liz
Madoff’s victims are starting to call for a bailout!
2
posted on
12/19/2008 5:59:40 AM PST
by
Dr. Ursus
To: Dr. Ursus
To: Liz
“then went on to make more than $18M in just 2 1/2 years”
Rmember the outrage when Newt made 4 mil on his book deal? What exactly do you trade for this kind of loot?
4
posted on
12/19/2008 6:04:32 AM PST
by
jessduntno
(Barack - Kenyan for "High Wind, Big Thunder, No Rain")
To: Liz
$18M. $18M. Where have I heard that number before?
I know, Terry McAuliffe! That's how much he sucked out of Global Crossing before it went belly up. He did it a year sooner than Rahm but Terry did pony up 100k to prime the pump, so to speak.
Well, now that we've set the price, too bad Blago didn't just ask for $18M himself instead of all that long, drawn out haggling that gave Fitz enough time to nail him.
Hey, how much did Madame Secretary-elect make on those cows?
5
posted on
12/19/2008 6:04:41 AM PST
by
NonValueAdded
(once you get to really know people, there are always better reasons than [race] for despising them.)
To: Eric in the Ozarks
EJECT! EJECT! EJECT!
That is the closet you and I will come to a bailout!
6
posted on
12/19/2008 6:09:50 AM PST
by
Islander7
(This Atlas is shrugging! ~ I am Joe!)
To: NonValueAdded
Hey, how much did Madame Secretary-elect make on those cows? Chump change by today's back room dealings......
7
posted on
12/19/2008 6:12:05 AM PST
by
yoe
(America First and Foremost!)
To: NonValueAdded
$18M. $18M. Where have I heard that number before? I know, Terry McAuliffe! That's how much he sucked out of Global Crossing before it went belly up. He did it a year sooner than Rahm but Terry did pony up 100k to prime the pump, so to speak. N-i-c-e take.
That IS a coincidence (snicker). Must be the going rate for Dem schlmiels.
8
posted on
12/19/2008 6:30:33 AM PST
by
Liz
(The right to be left alone is the beginning of freedom. USSC Justice William O. Douglas)
To: Liz
This continues to cascade...
9
posted on
12/19/2008 7:00:10 AM PST
by
Bean Counter
(Stout Hearts.....)
To: Liz
Rahm’s story (and he’s sticking to it), is that he cut off the tip of his middle finger in a meat slicer. Guess he should have stuck with ballet — her trained at the Joffrey Ballet, but reportedly turned down a scholarship there.
10
posted on
12/19/2008 7:34:08 AM PST
by
dashing doofus
(Those who are too smart to engage in politics are punished by being governed by those who are dumber)
To: dashing doofus; monkapotamus; PhilDragoo; RetSignman; MeekOneGOP
Rahm should have stuck with ballet he trained at the Joffrey Ballet, but reportedly turned down a scholarship there. We need expert FR photoshoppers to inser Rahm's pic here.
11
posted on
12/19/2008 8:12:32 AM PST
by
Liz
(The right to be left alone is the beginning of freedom. USSC Justice William O. Douglas)
To: Bean Counter; Calpernia; Just mythoughts; Condor51; calcowgirl
Did Rahm fillout the 63-count seven-page personnel application Obama gave to possible appointees?
How did Rahm answer about gun ownership?
How about legal problems, including traffic violations with fines above $50?
How did Rahm outline his nunerous ties to financial institutions involved in the federal bailout.
Will Rahm's emails to Bernie Madoff embarass Obama?
Did he mention his position on the Board of the corrupt Freddie Mac?
12
posted on
12/19/2008 8:17:38 AM PST
by
Liz
(The right to be left alone is the beginning of freedom. USSC Justice William O. Douglas)
To: jessduntno; NonValueAdded
Rahm went on to make more than $18M in just 2 1/2 years.......... Watta financial genius. Maybe Bernie Madoff gave him some inside tips? (snicker)
Quoting an astute poster: The idea that Emmanuel made $18 million dollars in 2 1/2 years because he was an effective banker is preposterous!
Consider that $18 million dollars is not coming out of thin air. Its coming off the backs of illegal labor, sweat shops, slave labor in the Congo, outsourcing to the lowest bidder............
......so Rahm could meet that number he had in his head. Rahm would do ANYTHING to make enough for his family (his brothers comment) before he gave back by working in the public sector.
In the public sector hell get a pension for life and a gold-plated health plan. Hes not giving back...... hes taking even more.
Obama seemed better than Hillary Clinton her husband, and members of the Clinton administration.....who were too easily swayed by the easy money on Wall Street.....Chelsea works for a hedge fund.
How are we even going to begin to effect a change in this country if the president-elects closest advisor rationalized earning $18.5 million in two and a half years to......um......support his family???
Most Americans wont earn a fraction of that amount of money in their entire lifetimes.
The money Rahm made did not come out of thin air......it was taken. Lets drop this fatuous notion of giving back .......let's have a govt that make it possible for everyone to make it on their own.
13
posted on
12/19/2008 8:33:14 AM PST
by
Liz
(The right to be left alone is the beginning of freedom. USSC Justice William O. Douglas)
To: Liz
Consider that $18 million dollars is not coming out of thin air. Its coming off the backs of illegal labor, sweat shops, slave labor in the Congo, outsourcing to the lowest bidder............ I am shocked, shocked.
14
posted on
12/19/2008 9:09:58 AM PST
by
PhilDragoo
(Hussein: Islamo-Commie from Kenya)
To: Liz
These people make my head hurt. I can't read these financial guru stories without remembering a Pink Floyd concert I went to. Of course at the time I had no clue who Pink Floyd was, a co-worker invited me to go..... I hear that ‘money, money, money’ song in my head and see that floating pink pig.
15
posted on
12/19/2008 9:19:34 AM PST
by
Just mythoughts
(Isa.3:4 And I will give children to be their princes, and babes shall rule over them.)
To: PhilDragoo
"Gee, is it me......or is it getting hot in here?"
"Gosh, I hope it not's ANOTHER Chicago Fire."
16
posted on
12/19/2008 9:22:55 AM PST
by
Liz
(The right to be left alone is the beginning of freedom. USSC Justice William O. Douglas)
To: Liz
I’m convinced that most people become politicians for their own personal enrichment. It hasn’t much to do with public service.
17
posted on
12/19/2008 7:28:56 PM PST
by
virgil
To: virgil
Im convinced that most people become politicians for their own personal enrichment. It hasnt much to do with public service. Best true statements of the night IMHO. More people need to understand this about the backstabbing trash we keep sending to Washington!
18
posted on
12/19/2008 7:43:07 PM PST
by
The Cajun
(Mind numbed robot , ditto-head, Hannitized, Levinite)
To: virgil
The classic politician likes to say he is “for his fellow man” (and is willing to make a buck on it).
19
posted on
12/20/2008 1:36:43 AM PST
by
Liz
(The right to be left alone is the beginning of freedom. USSC Justice William O. Douglas)
To: Liz
Nice catch from 12/4.
The connection may well be Wasserstein...his firm Lazard has been hired to oversee Madoff's finances.
20
posted on
12/20/2008 9:42:45 AM PST
by
Mamzelle
(Boycott Peggy Swoonin')
Navigation: use the links below to view more comments.
first 1-20, 21 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson