Emanuel Was Director Of Freddie Mac During Scandal
 

President-elect Obama's newly-appointed chief of staff, Rahm Emanuel, served on the board of Freddie Mac at a time when scandal was brewing at the troubled agency.....the board failed to spot "red flags," according to government reports reviewed by ABCNews.com. An SEC complaint claims Freddie Mac misreported profits by billions of dollars in order to deceive investors circa 2000-02.

http://abcnews.go.com/Blotter/story?id=6201900&page=1

Officer Title---Salary---AIP Award/Bonus

James A. Johnson Chairman and CEO--$966,000--$1,932,000

Franklin D. Raines Chairman and CEO Designate-- $526,154-- $1,109,589

Lawrence M. Small President and COO-- $783,839-- $1,108,259

Jamie Gorelick Vice-Chairman-- $567,000-- $779,625

J. Timothy Howard EVP and CFO-- $395,000-- $493,750

Robert J. Levin EVP, Housing and Comm. Develop.-- $395,000-- $493,750

The report also said board members appointed by the President, such as Emanuel, serve terms that are far too short "for them to play a meaningful role on the Board."

omg I just don't know how I can trust Rahm Emanuel anymore now.

they are all after the same pie.

dems or repubs

everyone is govt pretty much didnt see this mess coming the few that did saw it very late in the game.

His pick of emanuel also makes Israel more relaxed, the last thing you need is the mossad being nervous about obama and if he will be there for them or not.

In addition emanuel made lots of positive things happen in the clinton admin.

Right now it all comes down to given obama a fair shot, I did not vote for obama but he did win so only time will tell vs. jumping at him every second of the day

And you think that Obama is not where he is for the $$$$??


Hahahahahahahaha... Im sure we went through all that for the greater good of his fellow americans.

EB, spoken like a man

PG, spoken like an imbecile.