Posted on 12/30/2011 5:43:28 PM PST by SeekAndFind
File this one under culture of corruption. Obama supporters just can’t seem to stay out of trouble, can they? This latest scandal involves a former Tarheels basketball player and a $21 million bank fraud scheme. New York Daily News reports:
Courtney Dupree was convicted of vastly overstating the billings of his Long Island City-based lighting company GDC Acquisitions in order to fraudulently obtain a loan from Amalgamated Bank.
Dupree, 42, sat stone-faced as the verdict was read in Brooklyn Federal Court. He faces up to 30 years in prison and has to pay back at least $18 million. …
Dupree, who attended the elite Wharton School of Business, was a rainmaker in Democratic circles.
In 2008, Dupree hosted a $1,000-a-ticket fund-raiser for Barack Obama at his Broad St. apartment that was attended by top aide Valerie Jarrett.
His company counted NBC Universal and Goldman Sachs among its clients.
Such corruption occurs on either side of the aisle, of course, but that makes it no less disappointing when it happens.
Yeah because Broad Street is too declasse for The One.
***
A "lighting company" that "counts Goldman Sachs among its clients"? Geewhizgollywow.
Friends of BO Corrupt?
Before you get all tearied eyed about Amalgamated Bank, find out who owns them – the UNIONS. Visit the FDIC site at FDIC.gov.
Most of Hussein’s pals are behind bars - except the domestic terrorists, of course.
Let me know when Soros is frog-marched.
Now we just gotta get Soros.
Birds of a feather.
Orange jumpsuits for all! A great day is seeing Pelosi, ried, frank, dodd, durbin, kerry, maixine waters, conyers and the list goes on led out in hand cuffs.
Lol, he won't pay back a dime.
Hey Obie: You’re gonna need more donors, and jails.
According to financial records, Goldman-Sachs, the bank at the heart of the financial downfall, and recipient of huge TARP money, gives most of its money to Democrats. Despite admitted wrongdoing and cheating of customers, not one exec has been prosecuted, although Bush Sr. prosecuted the S&L crooks.
In addition, they been given a Special dispensation other banks did not get, by the Administration, to speculate in commodities, raising the price of food, not only here, but so much in some countries as to cause starvation.
Geithner opposes any tax on casino-banks, even though they make much more money, unproductively, than the few factories still in America, and often do the nation harm - yet those factories Are taxed.
And oh, G-S was the second biggest donor to the 2008 Obama campaign. This election they will probably be first, thanks to government largesse and “favors.” Obama will shriek “populism” to Deadocrats, who will swallow another “hope and change” lie, while dealing with Goldman, et al, behind the door.
Or maybe we could just take off the mask and call him President Goldman-Sachs.
Tim Geithner: “Jump, Obama, Jump. Jump for your Goldman-Sachs masters!”
Obama: “How high?”
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