- Clinton administration’s White House Budget Director Franklin Raines ran Fannie Mae Raines and obtained $90,128,761 in compensation from 1998 to 2003. Of this amount, $52,815,708 was derived from components tied to attaining EPS goals. Raines is due more than $1 million annually for life.
- CFO Timothy Howard (D) received $30,155,029 in compensation from 1998 to 2003.
- Jamie Gorelick, Clinton Justice Department official,remember the wall of separation that denied agencies to share intelligence on terrorists, worked for Fannie and received $26,466,834 in compensation from 1998 to 2003.
- Executive Vice President Robert Levin received $26,418,623 in compensation from 1998 to 2003.
- Richard Syron, the CEO of Freddie Mac, is getting $14.1 million.
- Democrat Jim Johnson, recently on Obama’s VP search committee, has hauled in millions from his Fannie Mae CEO job.
Barack Obama: No. 2 on the Fannie/Freddie list of favored politicians.
Obama`s campaign is littered with the like-minded:
- Penny Pritzker, Obama’s national finance chair was, with her family, the half owner of Superior Bank, which was shut down in 2001 by the FDIC after it had lost nearly all of its more than $2 billion of assets on bad loans to high-risk borrowers.
- Valerie Jarrett,Obama advisor, a former political operative for Mayor Richard M. Daley, and the CEO of a housing and development company based in Chicago with ties to Obama going back to his Illinois legislature days.