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Reply #12: There are plenty of miscreants, see below... [View All]

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24601 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-17-11 08:48 AM
Response to Reply #9
12. There are plenty of miscreants, see below...

"Other participants in the V.I.P. program included former Secretary of Housing and Urban Development Alphonso Jackson, former Secretary of Health and Human Services Donna Shalala, and former U.N. ambassador and assistant Secretary of State Richard Holbrooke. Jackson was deputy H.U.D. secretary in the Bush administration when he received the loans in 2003. Shalala, who received two loans in 2002, had by then left the Clinton administration for her current position as president of the University of Miami. She is scheduled to receive a Presidential Medal of Freedom on June 19."

"Holbrooke, whose stint as U.N. ambassador ended in 2001, was also working in the private sector when he and his family received V.I.P. loans. He was an adviser to Hillary Clinton’s presidential campaign."

"James Johnson, who had been advising presidential candidate Barack Obama on the selection of a running mate, resigned from the Obama campaign Wednesday after the Wall Street Journal reported that he received Countrywide loans at below-market rates."


Source: http://www.portfolio.com/news-markets/top-5/2008/06/12/Countrywide-Loan-Scandal/
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