To: Terabitten
http://nymag.com/daily/intel/2008/09/meet_herb_alison_fannie_maes_n.html QUOTE:
I worked with and for Allison at Merrill Lynch. When I heard a rumor that he was appointed head of FNMA, I thought I was being put on. Herb is the ultimate Wall Street politician who somehow rose to the top of Merrill Lynch without ever having a real line job: not a broker, not a trader, not a banker......His management of the Capital Markets area in the mid-late 90’s was inept.....because he didn't know anything about any of these businesses. He nurtured the rapidly expanding derivitives market and those who led Merrill towards their disaster. He was also the person who saw to it that the analyst who covered Enron and wanted to warn of its hazards was fired. (See court records.) The only political thing he messed up was not keeping a good enough eye on his own Brutus......Stan O’Neal.
Report
By oilmerrill on 09/24/2008 at 10:21am
END QUOTE
4 posted on
03/25/2009 7:40:55 AM PDT by
silverleaf
(Freedom's just another word for "nothing left to lose")
To: silverleaf
21 posted on
03/25/2009 8:13:01 AM PDT by
Mad_Tom_Rackham
(What did Obama's Teleprompter know, and when did it know it...)
To: silverleaf
In other words, Allison will be just another puppet
like all the rest in that administration.
They’ll all have teleprompters.
34 posted on
03/25/2009 9:06:50 AM PDT by
TribalPrincess2U
(Welcome to 0bama's America... Be afraid, be very afraid)
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