TV News LIES

Monday, May 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...


Device used in Nazi coding machine found for sale on eBay

Device used in Nazi coding found on EBayFor codebreakers with the allied forces, it was more important a discovery than the Enigma machine,...

Austria’s Pistol-Packing, Immigrant Bashing Donald Trump Loses

Austia's far right candidate losesAustria narrowly averted what would have been one of the most dangerous electoral decisions since World...

More than 700 refugees feared drowned off Italy coast

700 refugees feared drownedThe UN refugee agency said more than 700 refugees may have drowned in three Mediterranean Sea...

Trump campaign admits it did not raise $6 million for veterans

Trump veteran's eventWhen Donald Trump skipped a GOP debate in January to host a fundraiser for veterans, he...
 
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!