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LENDER COMPENSATION OKAY FOR GORELICK, RAINES, JOHNSON BUT NOT FOR BANKERS
MULTIPLE
| 2/12/2009
| SELF-COMPILATION OF SOURCES
Posted on 02/12/2009 9:49:44 AM PST by SERKIT
It seems making big bucks at the expense of failing lenders was perfectly OK for FOB (friends of Barry) but it is not OK for current bankers to make anything over $500,000.
Obama insists limits to bankers should be $500,000.K
Gorelick earned an estimated $26,000,000 serving as vice chair of Fannie Mae from 1998 to 2003
The Clinton administration's White House Budget Director Franklin Raines ran Fannie and collected $50,000,000. Jamie Gorelick Clinton Justice Department official worked for Fannie and took home $26,000,000. Big Democrat Jim Johnson, recently on Obama's VP search committee, has hauled in millions from his Fannie Mae CEO job.
These figures have paid themselves impressive private-sector salaries. Johnson earned $21,000,000 in just his last year at Fannie Mae. Raines earned $90,000,000 for five years work at Fannie Mae. Gorelick got $26,000,000.
TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: gorelick; johnson; raines; taxcheatparty
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The audacity of hubris.
1
posted on
02/12/2009 9:49:44 AM PST
by
SERKIT
To: SERKIT
BTTT for some truth bout scumbags of WASHINGTON !
2
posted on
02/12/2009 9:51:57 AM PST
by
litehaus
(A memory tooooo long)
To: SERKIT
Is that Gorelick the same one who is resposible for 9/11?
3
posted on
02/12/2009 9:55:56 AM PST
by
devistate one four
(Impatiently waiting for the next tea party! Tet '68)
To: SERKIT
there ya go. failed institutions, backed by taxpayers
will congress call back their bonuses?
4
posted on
02/12/2009 9:56:08 AM PST
by
silverleaf
("Men are not angered by mere misfortune but by misfortune conceived as injury" - Screwtape)
To: litehaus
CNN has a beaming reporter on saying 59% of Americans support the "stimulus bill" up from 52% last week, as Obama has so masterfully campaigned for this bill. She is smiling from ear to ear, gushing in her love for Obama, standing in front of the White House. Isn't this marvelous?
/sarc
5
posted on
02/12/2009 10:01:27 AM PST
by
mallardx
To: SERKIT
Bump, but I don’t know why because no one will care that we all were robbed by a select few and 80% are still ignorant sheep that is bleating for Obama to get them a job besides McDonalds.
6
posted on
02/12/2009 10:01:53 AM PST
by
autumnraine
($335 Million for STD research, still no cure for cancer. Thanks Obama)
To: devistate one four
“Is that Gorelick the same one who is resposible for 9/11?”
Yes, she is one of the single most incompetent and disastrous humans in the history of our country.
7
posted on
02/12/2009 10:02:32 AM PST
by
Flightdeck
(Go Longhorns)
To: devistate one four
Yes the same Gorelick who enforced the “wall” between agencies, ruining intelligence ops. The same Gorelick that was on the 9/11 Comission, if you can believe that. The same Gorelick that made $29,000,000 off of failed policies that bankrupted our Treasury. Get a rope!
8
posted on
02/12/2009 10:02:52 AM PST
by
mallardx
To: SERKIT
Disgusting bunch of hypocrits. My pitchfork is ready!
9
posted on
02/12/2009 10:04:27 AM PST
by
FES0844
To: SERKIT
Gorelick earned an estimated $26,000,000 serving as vice chair of Fannie Mae from 1998 to 2003 I couldn't help but whip out the old calculator, seeing that. It breaks down to exactly $100,000 a week, for five years.
I remember when the President of the United States' annual salary was $200,000.
Nothing could possibly have justified such outrageous compensation to Gorelick. Print THAT in the NY Times, and watch what happens.
10
posted on
02/12/2009 10:09:40 AM PST
by
Windflier
(To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
To: SERKIT
Democratic policies:
1-reward failure
2-take no responsibility
3-master blame shifting
4-steal from taxpayers
5-vote personal raises
6-use taxpayers money to buy votes
7-break any law you want and then change them
8-pay no taxes unless caught
11
posted on
02/12/2009 10:11:08 AM PST
by
voveo
To: autumnraine
I am part of Chuck U Schumer’s “chattering class” that cares about this stuff.
12
posted on
02/12/2009 10:15:05 AM PST
by
SERKIT
("Blazing Saddles" explains it all.....)
To: Windflier
Nothing could possibly have justified such outrageous compensation to Gorelick. To bad that GWB and the Republicans who controlled Congress didn't agree with you. All of Washington is thoroughly corrupted. Obama might be a little more blatant but he is still swimming in the cesspool fouled by those before him.
To: devistate one four
14
posted on
02/12/2009 10:21:17 AM PST
by
visualops
(portraits.artlife.us or visit my freeper page)
To: SERKIT
15
posted on
02/12/2009 10:33:59 AM PST
by
Sister_T
(The Obama Administration = Clinton's Third Term)
To: SERKIT
Couldn’t there be a Stockholder’s Derivative suit or a taxpayer’s suit to disgorge these outrageous payments while working in a quasi-public job?
To: mallardx
I wish I could see these aholes frog marched through the streets with a load of tar and feathers on them, and then the rope.
The greatest country on the planet and the dems w/ thier media trolls want it changed to a dump.
17
posted on
02/12/2009 10:53:48 AM PST
by
devistate one four
(Impatiently waiting for the next tea party! Tet '68)
To: SERKIT
Hearing these democrap pukes scolding these bankers just makes me want to puke. I wish just once, one of these people would stand up and let these congross critters have it!
18
posted on
02/12/2009 10:54:23 AM PST
by
vpintheak
(Like a muddied spring or a polluted well is a righteous man who gives way to the wicked. Prov. 25:26)
To: FES0844
We are into a full-blown thugocracy and mob rule. The hypocrisy is deafening.
19
posted on
02/12/2009 11:54:22 AM PST
by
SERKIT
("Blazing Saddles" explains it all.....)
To: devistate one four
Her other claim to fame is as legal counsel for Duke University. - Trying to defend the indefensible in the frame-up of 3 innocent young men.
20
posted on
02/12/2009 12:33:56 PM PST
by
Jenny217
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