“That’s a howler even by Mr. Krugman’s standards. Fannie Mae and Mr. Mozilo weren’t competitors; they were partners. Fannie helped to make Countrywide as profitable as it once was by buying its mortgages in bulk. Mr. Raines — following predecessor Jim Johnson — and Mr. Mozilo made each other rich. Which explains why Mr. Johnson could feel so comfortable asking Sen. Kent Conrad (D., N.D.) to discuss a sweetheart mortgage with Mr. Mozilo, and also explains the Mozilo-Raines tag team in 2003.”
this is the jim johnson that barry placed on (and had to remove from) his veep vetting committee - the jim johnson that reported income from salary as 6 or 7 million from fammie mae but actually got 21 million that year
I think it is also the Johnson who is involved with Perseus, which is run by Soros, which published McClellan’s (sp?) book, which...