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The more things change--the more they remain the same...

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The more things change--the more they remain the same... Empty The more things change--the more they remain the same...

Post by Ich bin Ala-awkbarph Mon Nov 10, 2008 6:04 am

Emanuel Was Director Of Freddie Mac During Scandal (but Obama's all about "change")
Monday, November 10, 2008

ABC NEWS ^ | November 7, 2008 | BRIAN ROSS and RHONDA SCHWARTZ

New Obama Chief of Staff, Others on Board, Missed "Red Flags" of Alleged Fraud Scheme 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.


Last edited by Armon Ayers on Mon Nov 10, 2008 1:03 pm; edited 1 time in total
Ich bin Ala-awkbarph
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Post by ohio county Mon Nov 10, 2008 12:58 pm

The Associated Press neglected to mention Rahm's Fannie Mae experience or his career as a dancer.
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