Somebody needs to go after Franklin Raines’ ass and get our 90 million bucks back.
We need a mob with torches and pitchforks to decend on D.C.
They have flat out robbed us.
Don’t forget Jamie “The Wall” Gorelick.
That piece of human vermin lied about
the safety of financial instruments ..
and left with a $26 million package.
“Jamie Gorelick (Clinton dep AG) = $26 MILLION
Even though she had no previous training nor experience in finance, Gorelick was appointed Vice Chairman of FNMA from 1997 to 2003. She served alongside former Clinton Administration official Franklin Raines, and earned over 26 million during her six years there.
During that period, FNMA developed a $10 billion accounting scandal. One example of falsified financial transactions that helped the company meet earnings targets for 1998, a manipulation that triggered multimillion-dollar bonuses for top executives.
Gorelick received $779,625. On March 25, 2002, Business Week interviewed Gorelick about the health of Fanny Mae. Gorelick is quoted as saying,
We believe we are managed safely. We are very pleased that Moodys gave us an A-minus in the area of bank financial strength without a reference to the government in any way. Fannie Mae is among the handful of top-quality institutions.
One year later, Government Regulators accused Fannie Mae of improper accounting to the tune of $9 billion in unrecorded losses.
I wanna see her in an orange jumpsuit so
bad, I can visualize the whole scene.
I despise this piece of dirt.