Skip to comments.A Top Obama Fund-Raiser Had Ties to Failed Bank
Posted on 09/19/2008 8:50:38 PM PDT by Perdogg
For the Pritzker family of Chicago, the 2001 collapse of subprime-mortgage lender Superior Bank was an embarrassing failure in a corner of their giant business empire.
Billionaire Penny Pritzker helped run Hinsdale, Ill.-based Superior, overseeing her family's 50% ownership stake. She now serves as Barack Obama's national campaign-finance chairwoman, which means her banking past could prove to be an embarrassment to her -- and perhaps to the campaign.
Superior was seized in 2001 and later closed by federal regulators. Government investigators and consumer advocates have contended that Superior engaged in unsound financial activities and predatory lending practices. Ms. Pritzker, a longtime friend and supporter of Sen. Obama, served for a time as Superior's chairman, and later sat on the board of its holding company.
Sen. Obama has long criticized predatory subprime mortgage lenders and urged strong actions against them.
(Excerpt) Read more at online.wsj.com ...
I’m so not surprised. He is so damn corrupt.
This is why Obama’s going to lose.
He’s entire campaign consists of nothing but people who are failures and crooks.
It’s a Chicago connection, of course it’s doomed to fail and associated with nObama.
A real beauty.
PONZI PENNY PING!!
There seem to be a number of big players in failed financial institutes that have ties to Obama. Interesting...
..anyone know if Jamie Gorelick is one of Obambi’s “advisers”?
I wish what you’re saying were true but I’m beginning to wonder. I don’t think people are getting it.
Keep it coming...
ZERO does not deserve a poll “bounce” out of a mess the RATS created!
It appears that the “Chickens” are “COMING HOME TO ROOST”!!!
Sank you Rev. Wrong!
The are SOOOOO MANY nefarious ‘connections’ to NOBAMA at this point, that the McCain campaign can do a ‘rolling scroll’ video (like the rolling credits of endless names at movie’s end) - they could play that ‘till midnight of Nov 3rd and drill it home to the public.
Makes me hurl...what a fake and a liar, amidst all this wy would people believe he won’t tax them to death with Pelosi and the bunch backing him..
Who knows? Problem is you and I know, the readers of the Wall Street Journal know....and a few blog readers....but who else.
Joe Six Pack, his 3 kids over 18, and his parents and grandparents don't know. They all watch TV....game shows and Oprah.
This will be a squeaker....the financial crisis, regardless of facts, isn't helping McCain.
“Barak Obama says running his campaign gives him the executive experience to be president. But look at who he hired to fill the top positions. His national campaign-finance chairwoman is a billionaire who ran a sub-prime lending bank closed down by Federal officials. And when he needed to make the most important decision of his campaign, picking a running mate, he picked Fannie Mae CEO Jim Johnson to head up the process. The same person who made 90 million running that organization, and left the taxpayers to pick up the bill.”
“Can we really afford that kind of experience in the White House?”
didn’t rush say today that peggy is honoring ahmadinejad at a din din?
i mean penny.
These fawning women think he is so wonderful. If those of us who are thinkers, analysts, and conservatives had a place to immigrate to, I would say let Hollywood and the brainwashed have Obama. They deserve him and the life he would give them.