TV News LIES

Tuesday, Aug 30th

Last update05:20:13 AM GMT

You are here News Of Special Interest Rahm Emanuel's profitable stint at mortgage giant

Rahm Emanuel's profitable stint at mortgage giant

E-mail Print PDF

Before its portfolio of bad loans helped trigger the current housing crisis, mortgage giant Freddie Mac was the focus of a major accounting scandal that led to a management shake-up, huge fines and scalding condemnation of passive directors by a top federal regulator.

One of those allegedly asleep-at-the-switch board members was Chicago's Rahm Emanuel—now chief of staff to President Barack Obama—who made at least $320,000 for a 14-month stint at Freddie Mac that required little effort.

As gatekeeper to Obama, Emanuel now plays a critical role in addressing the nation's mortgage woes and fulfilling the administration's pledge to impose responsibility on the financial world.

More...


Most Recent Related Stories...


Report: ISIS Buried Thousands in 72 Mass Graves

ISIS beried thousandsPeering through binoculars, the young man watched as Islamic State extremists gunned down the handcuffed men...

Aly Raisman, Gabby Douglas make gymnastics history in comeback

Aly RaismanAly Raisman and Gabby Douglas weren’t seeking a told-you-so moment. The gold medals around their necks...

DOJ urges Supreme Court to leave rejection of N.C. voter ID law in place

NC voter ID lawThe Justice Department has filed a brief with the Supreme Court endorsing an appellate court's decision...

Co-chair of Trump veterans' group pleads guilty in 2014 Bundy standoff

Trump veterans co-chair pleads guilty A co-chair of a veterans’ group with Donald Trump’s campaign will plead guilty to federal charges...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!