IIRC Raines and Johnson made millions in bonuses when they were at Fannie Mae. Apparently they cooked the books so they could get millions more. Jamie Gorelick too.
Just what you’d expect from Obama’s economic advisors.
“millions” in bonuses?
FranKlin Raines walked away from FNMA with over $90 MILLION.
Bill Clinton’s first black OMB director.
Total salaries and benefits at Fannie and Freddie for their total terms in office were reported in one article recently as: Gorelick $90 million, Johnson $126 million, and Raines also $126 million. While Mudd and Syron have been challenged on bonuses, the real money has been made in the past at the cumulative salary level. Maybe someone on this board has or will recall even more figures. These people will probably be back in the saddle if Obama wins, and, Islamic interest will probably demand and get a place at the new table at every level they can get in the new administration as well. If the Bush administration has practiced ‘outreach’ to Islamic interests, look for full welcoming envelopment by a Dem administration. Should the Dems win the election, the dead man elected to office will be Mr. Alinsky.