That was a great analysis by Mark LEVIN, the Great One pointed to the true root of the financial problems...the Left/Dems unintended consequences of bad policies regarding mortgage loans...the culprits are primarily Jimmy Carter’s CRA, Clinton’s CRA changes and Reno’s DOJ jackboot enforcement and the Rat infestation of Fannie/Freddie/AIG, etc...
The Grand Hyatt in NYC is owned by the Hyatt Corporation, which is owned by H Group Holding.
The Hyatt Corporation is a private company owned by the Pritzker family. Penny Pritzker is one of four major heirs.
Penny Pritzker is Barack Obama’s chair for his campaign finance committee, sometimes also referred to as treasurer for Obama’s campaign finance committee.
So Obama’s campaign finance committee’s chairwoman is hosting Ahmadinejad on Thursday at the Hyatt.
The Pritzker family, Penny in particular, were pioneers in creating a new financial product in the late 1990s and early 2000.
It was called the subprime mortgage.
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When their bank failed, they ended up owing the government half a billion dollars in unreimbursed FDIC insurance payments.