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Donilon's résumé: Policy, law and Fannie Mae
Politico ^

Posted on 10/08/2010 10:26:59 PM PDT by Sub-Driver

Donilon's résumé: Policy, law and Fannie Mae By: Josh Gerstein and Abby Phillip October 8, 2010 08:17 PM EDT

To many in the foreign policy community, Tom Donilon’s selection Friday as national security adviser to President Barack Obama was a deserving reward for a consummate professional, a corporate lawyer who worked his way up through the foreign policy ranks over the years and is credited with holding the National Security Council together during the uncertain leadership of James Jones.

But one part of Donilon’s résumé that went unmentioned in the Rose Garden Friday — the six years he spent as a top executive of Fannie Mae at the height of the housing boom — made him a problematic choice for any Obama administration job that requires Senate confirmation.

Donilon left the firm as it was mired in an accounting scandal in 2005, three years before Fannie Mae’s spectacular collapse when the mortgage market imploded in 2008. Investigators never accused Donilon of wrongdoing in the accounting scandal, but Fannie ultimately paid $400 million to the federal government to settle charges that the company misstated its earnings between 1998 and 2004. The government sued three top Fannie Mae executives to recover millions in bonuses based on the allegedly falsified reports, but Donilon was not among them.

A former official who led one of the main investigations into Fannie Mae said Friday that Donilon didn’t play a role in the misstatements but tried to pressure lawmakers to derail the probe.

“He was in charge of the lobbyists. ... That process involved using the Hill to rein in the regulators,” said Stephen Blumenthal, former acting director of the Office of Federal Housing Enterprise Oversight.

(Excerpt) Read more at dyn.politico.com ...


TOPICS: Front Page News; News/Current Events
KEYWORDS: donilon; fanniemae; jamesjones; jimmycarter; thomasdonilon
Well, well..........
1 posted on 10/08/2010 10:27:01 PM PDT by Sub-Driver
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To: Sub-Driver

2 posted on 10/08/2010 10:34:33 PM PDT by BunnySlippers (I love BULL MARKETS . . .)
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To: Sub-Driver

As if his utter corruption wasn’t bad enough......he’s a Code Pinker at heart.


3 posted on 10/08/2010 11:10:51 PM PDT by Carley (For those who fought for it, freedom has a flavor the protected will never know.)
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To: All
Donilon’s résumé that Obama failed to mention — included six years as a top exec of Fannie Mae at the height of the shady housing boom — made him a problematic choice for any Obama administration job that requires Senate confirmation. Donilon left as it was mired in an accounting scandal in 2005, three years before Fannie Mae’s spectacular collapse when the mortgage market imploded in 2008. Donilon was not accused of wrongdoing but Fannie ultimately paid $400 million to the feds to settle charges that the company cooked the books between 1998-04. The government sued three top Fannie Mae executives to recover millions in bonuses based on the allegedly falsified reports, but Donilon was not among them.

Fannie/Freddie are the key criminal mechanisms of the criminal enterprise that is the criminal Democrat party and its minions. read on.

The Government filed suit against F/M head Franklin Raines when the depth of the F/M accounting scandal became clear. READ IT HERE http://housingdoom.com/2006/12/18/fannie-charges/

The Government noted, "The 101 charges reveal how the individuals improperly manipulated earnings to maximize their bonuses, while knowingly neglecting accounting systems and internal controls, misapplying over twenty accounting principles and misleading the regulator and the public. The Notice explains how they submitted six years of misleading and inaccurate accounting statements and inaccurate capital reports that enabled them to grow Fannie Mae in an unsafe and unsound manner."

These charges were made in 2006. The Court ordered Raines to return $50 Million Dollars he received in bonuses based on the mis-stated Fannie Mae profits. (Did Raines ever return the money?)

Franklin Raines looted and pillaged Fannie Mae as Clinton's appointee. Raines famously bought into the climate control scam w/ F/M funds. Now he's hooked up with Ohaha's Chicago mob who organized the Chicago Climate Exchange.

REFERENCE Ex-Fannie CEO Franklin Raines should be behind bars for life. He is a crook of the first order. This thief Raines cooked the FM books precipitating losses of $9B (that we know of) for the single purpose of creating bonuses for himself and other F/M insiders. The SEC said Raines broke accounting rules by playing with risky derivatives.

COOOKS THE F/M BOOKS---WALKS AWAY A MULTI-MILLIONAIRE After Raines was outed for cooking the books, Raines walked away w/ $90 million dollars, a $26 million parachute, PLUS..........

Raines gets a MONTHLY pension of $116,300 for life. Raines had already collected $4.87 million in special performance shares.

Raines owns options giving him $5.8 million in net profit after redemptions, plus another $8.7 million in deferred compensation for six years at the F/M helm.

Raines keeps $5 million of paid-up life insurance. He and his spouse get free medical and dental benefits for life, worth over $1 million.

Raines earned $20 million in salary, bonuses and stock awards (that we know of) in one year.

After he was fired, Raines told the F/M board that he's entitled to get paychecks until next June 22 giving him another $600,000, which triggers a $2,000 monthly raise in his lifetime pension. He also says he's entitled to disputed options with a gross value of about $5.6 million.

To keep Raines happy within philanthropic circles, Fannie Mae will match Raines' charitable contributions by $10,000 a year.

4 posted on 10/09/2010 4:28:49 AM PDT by Liz
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To: Sub-Driver

Why are there no pictures of this clown?


5 posted on 10/09/2010 4:29:07 AM PDT by depressed in 06 (The only thing the ZerO administration is competent at is bad ideas.)
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To: All
THE HOUSING DEBACLE THAT BURDENED TAXPAYERS WITH TRILLIONS Bwaney Frank blames Republicans for the Fannie and Freddie debacle, but he is the one who spent years blocking GOP lawmakers from imposing tougher regulations on the mortgage giants.

In 1991, Frank's live-in boyfriend, Herb Moses, was hired by Fannie. The Boston Globe reported that Frank pushed the agency to loosen regulations on mortgages for 2-3 family homes, even though they were defaulting at twice and five times the rate of single homes.

Three years later, President Clinton’s HUD tried to impose a new regulation on Fannie, but was thwarted by Bwaney Frank.

Clinton now blames Democrats for planting the seeds of today’s economic crisis. "I think the responsibility that the Democrats have may rest more in resisting any efforts by Republicans in the Congress or by me when I was president, to put some standards and tighten up a little on Fannie Mae and Freddie Mac," Clinton said recently.

=========================================

Rahm Emanuel was appointed to the Freddie Mac board Feb 2000 by Bill Clinton, after serving as Clinton's White House political director. Emanuel was a vocal defender of Clinton after scumbag Monica Lewinsky gave Clinton BJ's in exchange for a top federal job....and may have aided and abetted the sex rendezvous. Emanuel then left to run for Congress in 2001...this qualified Emanuel for $380,000 in F/M stock and options and a $20,000 annual fee..... plus all this lowlife could steal.

In Congress, the America-hating Emanuel put the US in financial jeopardy----he passed a bailout of Fannie and Freddie, cosponsoring the Housing and Economic Recovery Act of 2008, which also dissolved OFHEO. It moved their regulatory authority to the Federal Housing Finance Agency (FHFA), which took Fannie and Freddie under conservatorship in Sept 2008. The same act abolished the Federal Housing Finance Board (FHFB) and replaced it with the FHFA.

Rahm Emanuel was appointed to Freddie Mac in Feb 2000 by Bill Clinton, after serving as White House political director (where he sucked up to Clinton during the Monica Lewinski matter. Emanuel was on the F/M board until he left to run for Congress in 2001; this qualified Emanuel to receive $380,000 in F/M stock and options and a $20,000 annual fee.

According to the Chicago Tribune, during his tenure the board was notified by executives of their plans to misstate the earnings of Freddie Mac: “On Emanuel’s watch, the board was told by executives of a plan to use accounting tricks to mislead shareholders about outsize profits the government-chartered firm was then reaping from risky investments. The goal was to push earnings onto the books in future years, ensuring that Freddie Mac would appear profitable on paper for years to come and helping maximize annual bonuses for company brass.” (3/5/2009)

6 posted on 10/09/2010 4:44:23 AM PDT by Liz
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To: Liz

Excellent synopsis of the depth of corruption and raw greed surrounding Raines in particular and dems in general.

Who says affirmative action doesn’t work?

I think Raines would agree that it does.

Is this a great country, or what? /s


7 posted on 10/09/2010 4:44:45 AM PDT by Tigerized (pursuingliberty.com)
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To: Tigerized

Make sure you read (above) how Raines co-opted taxpayers by using his govt position to enrich himself in the cap/trade bilking business.


8 posted on 10/09/2010 4:49:18 AM PDT by Liz
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To: depressed in 06

9 posted on 10/09/2010 5:27:17 AM PDT by KosmicKitty (WARNING: Hormonally crazed woman ahead!!)
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To: All
Fannie Mae's CEO Franklin Raines earned $20 million in salary, bonuses and stock awards (that we know of) in one year. After Raines was outed as CEO for cooking Fannie Mae's books, Raines walked away w/ $90 million dollars, a $26 million parachute, PLUS.......... Raines gets a MONTHLY pension of $116,300 for life. Raines had already collected $4.87 million in special performance shares. Raines owns options giving him $5.8 million in net profit after redemptions, plus another $8.7 million in deferred compensation for six years at the F/M helm. Raines keeps $5 million of paid-up life insurance. He and his spouse get free medical and dental benefits for life, worth over $1 million. After he was fired, Raines told the F/M board that he's entitled to get paychecks until next June 22 giving him another $600,000, which triggers a $2,000 monthly raise in his lifetime pension. He also says he's entitled to disputed options with a gross value of about $5.6 million. Fannie Mae will match Raines' charitable contributions by $10,000 a year.

Raines was sued and ordered to payback some of his extorted gains (but did he?).

The FBI, IRS and SEC should scrutinize all official documents filed by Raines---and determine the scope and dimension of any and all falsifications contined therein. If any documents contain falsifications that would negate his payout since he did not negotiate in good faith---hard and fast rule of contract rule.

Conveying (and stealing and destroying) an official record of the United States is punishable by 10 years in prison and a $250,000 fine, according to the United States Attorney's Office.

Can the retiree produce documents that show how he calculated they were entitled to million dollar pensions? Did the pensioners file all the proper IRS documents? (Stolen money is taxable.) Oh, never mind the FBI, SEC, IRS, DOJ can find out (/snix).

=========================================

REPORT POSSIBLE CRIMES: Conspiracy to steal; government fraud; theft of public property and official records, money laundering, tax evasion, computer trespass, US Postal and electronic fraud.

REPORT TAX FRAUD AND TAX LAW VIOLATIONS HERE:
IRS TOLL-FREE 1-800-829-0433----you may remain anonymous.

EMAIL .......OAAG.Tax@tax.USDOJ.gov
Report computer trespass, US Postal and electronic fraud here:

FBI TIP PAGE http://tips.fbi.gov/ (you may remain anonymous)

Ask the IRS to determine if taxes were paid (stolen money is taxable).
IRS TOLL-FREE 1-800-829-0433—-you may remain anonymous when reporting tax fraud.

Report government fraud, fiduciary negligence; signing off on falsified official documents here:
EMAIL askDOJ@usdoj.gov

If any of these are publicly-held companies go here
EMAIL enforcement@SEC.gov

10 posted on 10/09/2010 5:46:14 AM PDT by Liz
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To: Liz

This is going to trial in DC.

Sorry for any black conservatives on this board, but the jury will be largely black. Raines gave loads of $$$ to DC area charities and affordable housing groups. And he is black.

So, like the OJ trial, he will be found not guilty.

Clinton, Cuomo, Raines and Susan Wachter (Cuomo’s Policy Director at HUD, now at Wharton and on the news constantly) conspired to greatly ramp up risky lending at Fannie and Freddie which eventually blew up.

Wachter is still testifying on SAVING THE GSES!!!! And Obama loves her!

Here is email address: wachter@wharton.upenn.edu

We should flood her email with protests against her cronyism with Cuomo, Raines, Barney Frank and Obama.

I just sent her an email. Wharton grads should be mortally ashamed of this fool.


11 posted on 10/09/2010 6:10:30 AM PDT by whitedog57
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To: Sub-Driver; Liz; STARWISE; onyx; penelopesire; hoosiermama; SE Mom
http://www.washingtonpost.com/wp-dyn/articles/A21138-2004Dec22.html

Raines’s total compensation in 2002 was $17.7 million. That year, 19 other top Fannie Mae executives were paid more than $1 million, 12 more than $2 million and nine more than $3 million, according to materials released at a hearing this fall by Rep. Richard H. Baker (R-La.), chairman of the House subcommittee that oversees Fannie Mae. Baker is a leading critic of the District-based mortgage finance company.

Among the Fannie Mae officials on Baker's list was Thomas E. Donilon, the company's executive vice president — law and policy, who was assistant secretary of state for public affairs and chief of staff to Secretary of State Warren Christopher in the Clinton administration. Donilon received $4.3 million.

//

(no link)

Fannie , Freddie in the Political Spotlight
Washington Post - Monday, July 31, 2000
Author: Jerry Knight, Washington Post Staff Writer

Ordinarily when Fannie Mae announces its quarterly earnings, chief financial officer Timothy Howard has a conference call with analysts and talks for the better part of an hour about the numbers that drive the performance of Washington's biggest business.

Interest rate trends; comprehensive net interest margins; what it costs Fannie to borrow money, compared with what it costs the U.S. Treasury; LIBOR rates; T-bill spreads—it adds up to billions of dollars measured off in basis points, each of which is one one-hundredth of a percentage point.

You need an MBA just to understand the lingo and an Excel spreadsheet to make sense of the numbers.

But this month, when Fannie put out its second-quarter financials, the conference call was dominated not by the jargon of Wall Street, but the spin control of Washington. Thomas E. Donilon , Fannie ‘s executive vice president for law and policy, took over the teleconference and made a point of introducing Arne Christenson, senior vice president for regulatory policy. Christenson was, Donilon reminded the Wall Streeters, chief of staff to Newt Gingrich when he was House speaker.

When your chief executive, Franklin Raines, used to be President Clinton's budget director and your vice chairman, Jamie Gorelick , is Clinton's former deputy attorney general, it's important for the politically naive numbers nerds on Wall Street to understand that you have a balanced offense. Because from that point on in the call, it was pure politics.

“We manage our political risk with the same intensity we manage our other risks,” proclaimed Donilon , assuring investors they do not have to worry about all the bad things being said in Washington about Fannie Mae .

“It's political noise and not political risk,” he said.

(snip)

See also:

PDF: http://gsereport.com/2000/July22-Aug18.pdf

View as HTML: http://webcache.googleusercontent.com/search?q=cache:xSUl45vt3xMJ:gsereport.com/2000/July22-Aug18.pdf+Donilon+%22It%27s+political+noise+and+not+political+risk,%22+he+said.&cd=1&hl=en&ct=clnk&gl=us&client=firefox-a

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

FUN FACT:

LINK

Gorelick has told friends that she would seriously consider an offer some day to serve as defense secretary

Fannie Mae Takes New Approach in Crisis
Washington Post, The (DC) - Monday, September 27, 2004
Author: Jeffrey H. Birnbaum and David A. Vise, Washington Post Staff Writers

EXCERPT

Gorelick has told friends that she would seriously consider an offer some day to serve as defense secretary ...

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

12 posted on 10/09/2010 7:15:31 AM PDT by maggief
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http://www.washingtonpost.com/wp-dyn/articles/A57900-2005Apr15.html

Fannie Mae ‘s Top Lawyer To Quit, Join Old Firm - Donilon Oversaw Relations With Regulators, Congress
Washington Post, The (DC) - Saturday, April 16, 2005
Author: Terence O’Hara, Washington Post Staff Writer

EXCERPT

From 2000 to 2003, Donilon received more than $7 million in compensation in the form of cash payments and restricted stock awards. Last year, he was paid his salary — $644,000 — but no bonus.


13 posted on 10/09/2010 7:16:40 AM PDT by maggief
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http://www.nytimes.com/2009/04/04/us/politics/04disclose.html

Financial Industry Paid Millions to Obama Aide
New York Times, The (NY) - Saturday, April 4, 2009
Author: JEFF ZELENY Reporting was contributed by Peter Baker, David Johnston, David D. Kirkpatrick, Eric Lipton and Charlie Savage.

EXCERPT

Thomas E. Donilon , the deputy national security adviser, reported earning $3.9 million as a partner at the Washington law firm O’Melveny & Myers. His disclosure form says major clients included Citigroup, Goldman Sachs and Apollo Management, a private equity firm in New York that specializes in distressed assets and corporate restructuring.


14 posted on 10/09/2010 7:20:06 AM PDT by maggief
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To: maggief

(no link)

D BUSINESS TIMES MOVERS & SHAKERS
The Washington Times - Monday, June 21, 1999

EXCERPT

FINANCIAL

Thomas Donilon joined Fannie Mae , the District, as senior vice president, general counsel and secretary. Vada Hill and Jaynie Studenmund were appointed senior vice presidents for marketing and for the Western regional office, respectively. Mr. Donilon , a partner with the O’Melveny and Myers law firm, has represented Fannie Mae on legal and regulatory issues since 1990 ...


15 posted on 10/09/2010 7:22:38 AM PDT by maggief
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To: maggief; BunnySlippers; Sub-Driver; hoosiermama; STARWISE; onyx; penelopesire; SE Mom; Tigerized; ..
ACTION NOW Flood Wharton School of Finance at the University of Pennsylvania with email.

CONTACT ANDREW ABEL, Chairperson, Finance Department abel@wharton.upenn.edu

MESSAGE How can Susan Wachter (Cuomo’s Policy Director at HUD) teach real estate finance at Wharton when she and her cronies at HUD and Fannie Mae----- Cuomo, Raines, Barney Frank----devastated the US economy with shady deals?

BACKSTORY Wachter (Cuomo’s Policy Director at HUD, now at Wharton and on the news constantly) conspired to greatly ramp up risky lending at Fannie and Freddie which eventually blew up. Wachter is still testifying on SAVING THE GSES!!!! And Obama loves her!

Wachter’s email address: wachter@wharton.upenn.edu

16 posted on 10/09/2010 7:23:56 AM PDT by Liz
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To: FormerACLUmember; pissant; Lakeshark; neverdem; TigerLikesRooster; ex-Texan; PGalt; Diogenesis; ...

pinger


17 posted on 10/09/2010 7:45:50 AM PDT by Liz
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To: maggief

nice job


18 posted on 10/09/2010 7:52:59 AM PDT by Liz
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To: Liz

Ditto. :)

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

http://www.muckety.com/Thomas-E-Donilon/1581.muckety

Thomas E. Donilon
Nickname: Tom

Gender: Male
Thomas E. Donilon personal relations:
Catherine Russell - spouse
Other current Thomas E. Donilon relationships:
Barack Obama administration - White House deputy national security adviser
Brookings Institution - trustee
Miller Center of Public Affairs - governing council member
Thomas E. Donilon past relationships:
2008 Bilderberg conference - participant
2008 Obama-Biden transition team - member
American Friends of Bilderberg - director
Fannie Mae - lobbyist & EVP
O’Melveny & Myers LLP - partner
U.S. Department of State - chief of staff
White House state dinner (11/24/2009) - invited guest

//

http://www.freerepublic.com/focus/f-news/2258487/posts

Obama officials gave Bilderberg briefings
Politico ^ | 26 May 2009 | Kenneth P. Vogel

EXCERPT

Obama’s Deputy National Security Adviser Tom Donilon, who attended the 2007 and 2008 Bilderberg meetings and until recently sat on the steering committee that picked invitees, did not respond to a request for comment about how invitees are selected.

//

http://www.prisonplanet.com/leaked-agenda-bilderberg-group-plans-economic-depression.html

http://canadafreepress.com/index.php/article/10854

According to Estulin’s sources, here are a few of the talking points and concerns for this year’s meeting:

* The future of the US dollar and US economy: The plan is for the Bilderberg Group players, through their allies in Washington and Wall Street to continue to deceive millions of savers and investors who believe the hype about the supposed up-turn in the economy. They are about to be set up for massive losses and searing financial pain in the months ahead. The bank “stress tests” now being conducted by Washington are little more than a shameless hoax: Based on the irrational assumption that the economy won’t get as bad as it already is!
* US unemployment: Solutions and assumptions (Stated as such in the pre-meeting booklet sent out to attendees.) Bilderberg is quietly assuming that US unemployment numbers will hover around 14% by the end of this year, far higher than the official numbers released by the US government.
* Depression or a prolonged stagnation? (Stated as such in the pre-meeting booklet sent out to attendees.) Bilderberg is looking at two options: Either a prolonged, agonizing depression that dooms the world to decades of stagnation, decline, and poverty ... or an intense-but-shorter depression that paves the way for a new sustainable economic world order, with less sovereignty but more efficiency.
* There will be a final push for the enactment of Lisbon Treaty, pending on Irish voting YES on the treaty in Sept or October. One of their concerns is addressing and neutralizing the anti-Lisbon treaty movement called “Libertas” led by Declan Ganley. One of the Bilderberger planned moves is to use a whispering campaign in the US media suggested that Ganley is being funded by arms dealers in the US linked to the US military.


19 posted on 10/09/2010 8:11:57 AM PDT by maggief
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To: Sub-Driver
Institutionalized corruption.

In the coming days, watch for the new spin (i.e. LIE). They will begin pushing the idea that Obama has always been opposed to troop increases in Afghanistan, and it has been the military that put him up to it.

20 posted on 10/09/2010 8:16:09 AM PDT by Hoodat ( .For the weapons of our warfare are mighty in God for pulling down strongholds.)
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To: Liz
Franklin Raines looted and pillaged Fannie Mae as Clinton's appointee.

That's Franklin Delano Raines. His parents named him after the Idiot on the Dime.

21 posted on 10/09/2010 8:30:09 AM PDT by cynwoody
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To: cynwoody

Yuck. No wonder he’s a crook.


22 posted on 10/09/2010 8:37:07 AM PDT by Liz
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To: Sub-Driver

“Donilon left the firm as it was mired in an accounting scandal in 2005....”

Obvious selection. Dirty enough to assure loyalty....


23 posted on 10/09/2010 12:09:45 PM PDT by corvus
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To: Liz; hoosiermama; STARWISE; onyx

http://www.realclearpolitics.com/articles/2010/04/21/all_the_presidents_goldman_sachs_men_105251.html

— Obama’s close hometown crony, campaign finance chief and senior adviser Penny Pritzker was head of Superior Bank of Chicago, a subprime specialist that went bust in 2001, leaving more than 1,400 people stripped of their savings after bank officials falsified profit reports. Pritzker’s lawyer at O’Melveny and Myers, Tom Donilon, is now Obama’s deputy national security adviser. He earned just shy of $4 million representing her and other high-profile meltdown clients including Goldman Sachs.

//

http://webcache.googleusercontent.com/search?q=cache:G1XjEhG1nZEJ:patterico.com/2008/09/18/unbelieveable-times-karen-tumulty-calls-a-perfectly-legitimate-and-timely-mccain-ad-racist-why-because-franklin-raines-is-black-and-so-is-obama/+O%27Melveny+Myers+%22superior+bank%22&cd=17&hl=en&ct=clnk&gl=us&client=firefox-a

#

Penny Pritzker is the one McCain should be hammering Obama with –

The New York Times reported December 11, 2001, that the Pritzkers had agreed to pay a “record $460 million” spread out over 15 years to the federal government to avoid being punished” for Superior Bank’s failure. It was “the largest settlement ever in the failure of a banking institution. The failure itself is one of the largest in the last decade, one that some estimate could cost the government up to $1 billion.”

“Regulators said Superior had collapsed because of poor lending practices and sloppy bookkeeping,” Time wrote. “The bank specialized in loans to people with poor credit histories, a practice called subprime lending.”

Time also reported that the Pritzkers, who “have a long and troubled history in the S.& L. business” and “once battled the Internal Revenue Service over estate taxes, … also agreed to cede 90 percent of any money they might recover in separate litigation with the government.”

Pritzer is the campaign finance chair.

http://therealbarackobama.wordpress.com/2008/09/16/obamas-pritzker-problem/

Comment by william — 9/19/2008 @ 7:00 am

http://www.nytimes.com/2001/12/11/business/hyatt-hotel-family-will-pay-460-million-in-s-l-case.html

Hyatt Hotel Family Will Pay $460 Million in S.& L. Case
By DAVID BARBOZA
Published: December 11, 2001


24 posted on 10/09/2010 3:26:16 PM PDT by maggief
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To: maggief; onyx; penelopesire; hoosiermama; seekthetruth; television is just wrong; jcsjcm; BP2; ...
Donilon, now -0's National Security Advisor, replacing Gen. Jim Jones

~~~~~

"Obama’s close hometown crony, campaign finance chief and senior adviser Penny Pritzker was head of Superior Bank of Chicago, a subprime specialist that went bust in 2001, leaving more than 1,400 people stripped of their savings after bank officials falsified profit reports. Pritzker’s lawyer at O’Melveny and Myers, Tom Donilon, is now Obama’s deputy national security adviser. He earned just shy of $4 million representing her and other high-profile meltdown clients including Goldman Sachs."

~~~~~

These filthy lying, thieving, crooked THUGS!!!! This madness MUST end!!

25 posted on 10/09/2010 3:47:19 PM PDT by STARWISE (The overlords are in place .. we are a nation under siege .. pray, go Galt & hunker down)
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To: STARWISE

PLACEMARK
I can’t do this today.
Bob Woodward’s book:
Gates is quoted as saying “Donolion would be the worst mistake to replace General Jones.”


26 posted on 10/09/2010 3:50:25 PM PDT by onyx (If you support Sarah and want on her Ping List, let me know!)
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To: STARWISE

Why are we NOT surprised! This crew of thugs have always
done the WRONG things....and gotten away with them. It truly
IS time for it to end....and I CAN see November from my house!


27 posted on 10/09/2010 3:51:46 PM PDT by LUV W (DIMs?......start packin'--you're fired!....I can see November from my house!)
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To: STARWISE; onyx; LUV W; Liz

http://canadafreepress.com/index.php/article/28562

Thomas Donilon is really Biden’s man. He’s worked for Biden in the past. His brother works for him. His wife is Biden’s Chief of Staff. If Donilon was any deeper in with Biden, he’d be married to him. Which means it’s good odds that Biden helped push out Jones. Biden’s supposed reason for being in his present job is his foreign policy expertise. Putting in Donilon let him have an oar in the water, now his oar just got a little bigger.

//

(no link)

WASHINGTON TALK: THE 1988 PRESIDENTIAL CAMPAIGN Summer, and the Political Operatives Do Not Let Up
New York Times, The (NY) - Monday, August 10, 1987
Author: BERNARD WEINRAUB

The torpor of Washington in August has hardly slowed Tom Donilon and Rich Bond.

(snip)

“August is really the time for organization, for activists, for putting people in place,” said Mr. Donilon , a senior adviser to the Presidential effort of Senator Joseph R. Biden Jr., Democrat of Delaware. “By the fall, the lights go up. The campaign begins in earnest.”

(snip)

Thomas E. Donilon and Richard N. Bond are two key political operatives in Washington, a city in the grip of Presidential politics, even in August, even one year before the national party conventions. Although Washington serves as a haven for political operatives, who work for their Democratic or Republican rivals, Mr. Donilon and Mr. Bond are two of the most formidable.

While they differ ideologically, Mr. Donilon and Mr. Bond are remarkably similar.

They are in their thirties, they rose quickly as political tacticians, they are fascinated with the process, rather than the power, of politics, and, although friends don’t believe them, they say that 1988 may be their last Presidential campaign.

(snip)

Mr. Donilon , sitting in his office in the law firm of O’Melveny & Myers, from which he is taking a leave to work full-time for Mr. Biden ‘s candidacy, observed: “Frankly, I don’t know if you can pursue the opportunities at an older age when you have a family and more responsibility. It’s truly a young person’s game. I’m 32. I’m single. If you have a family and financial responsibilities, I’m not sure you can run off for 18 or 24 months at a time in what is at best a risky proposition. Ultimately, politics is something you can’t pursue for a lifetime, and I suspect four years from now, if I’m married and have children, that this will be my last campaign.”

Mr. Donilon has been criticized for the role he played as a central figure in Walter F. Mondale’s 1984 Presidential campaign, a campaign that centered on a virtually closed circle of advisers who excluded outsiders, especially women. Similar criticisms have arisen about the Biden campaign, which includes some of the same Mondale advisers, but Mr. Donilon says women and outsiders play key roles in the Biden organization.

(snip)

“In no area I know of can one have such large areas of reponsibility than in politics,” Mr. Donilon said. “Also I don’t know anything that has as much excitement and that counts as much. It’s the winning and losing. And there are very few things you work on where the results of your work may be in The New York Times every single day.

“Besides, where else can you have as big an impact on the public policy debate as in a Presidential campaign?” Mr. Donilon added: “I don’t know if you can do a Presidential campaign other than as an obsession. Therefore you’ll find a lot of obsessive people at high levels of Presidential campaigns.”

Mr. Donilon says he comes from “an intensely Democratic political family.” His mother is a union official and school secretary in Providence, R.I., and his father was chairman of the city’s school board.

After graduating from Catholic University in Washington in 1978, he was hired, through a friend at the Carter White House, for a job of answering Congressional mail. Hamilton Jordan, then the White House chief of staff, later named him “chief delegate hunter” for Mr. Carter in the 1980 campaign. He later attended law school at Georgetown and the University of Virginia, and he joined the Mondale campaign for the 1984 election.

(snip)

//

(no link)

BORK HEARINGS COULD MAKE, BREAK BIDEN CANDIDACY
SACRAMENTO BEE - Sunday, September 13, 1987
Author: Michael Shanahan Bee Washington Bureau

EXCERPT

Photographs of the episode show an angry, scowling Biden , appearing out of control before the usually sedate setting of the Senate Foreign Relations Committee.

“”It was not the most flattering photograph ever taken of Joe Biden ,’’ concedes senior Biden campaign official Tom Donilon .

That incident gave rise to speculation that the highly politicized atmosphere surrounding the Bork fight could bring on some intense television drama.

Donilon acknowledged the anticipation of “”Washington insiders’’ that Biden might “”leap over the table and grab Bob Bork by the throat.’’

But Donilon said there will be no emotional outburst. Instead, Donilon said, Biden will politely but forcefully ask Bork to describe and explain 30 years of legal opinions, most of which argue that the founding fathers never intended governmental intervention in many areas of American life where a federal role has been taken for granted for decades.

Donilon acknowledges there is a real political risk for Biden in the hearings, expected to run into early October, and says the senator understands the importance of the Bork fight to his own campaign.

“”He really has put a lot of himself into this,’’ Donilon said. “”But to the extent that Biden appears intelligent, fair-minded and controlled, it will accrue to his benefit. This really is an opportunity for the senator to appear unfiltered, as he is.’’


28 posted on 10/09/2010 4:14:55 PM PDT by maggief
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To: AdmSmith; Arthur Wildfire! March; Berosus; bigheadfred; Convert from ECUSA; dervish; ...

Thanks STARWISE.

http://www.freerepublic.com/focus/news/2604341/posts?page=25#25


29 posted on 10/09/2010 4:58:39 PM PDT by SunkenCiv (The 2nd Amendment follows right behind the 1st because some people are hard of hearing.)
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To: STARWISE

Great INFO!


30 posted on 10/10/2010 2:44:43 PM PDT by bayouranger (The 1st victim of islam is the person who practices the lie.)
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To: STARWISE; onyx

Is Donilon the source of the Chamber of Commerce attacks?

http://investing.businessweek.com/businessweek/research/stocks/private/person.asp?personId=271181&privcapId=109918&previousCapId=20394693&previousTitle=Crestview%20Partners,%20L.P.

EXECUTIVE PROFILE
Thomas E. Donilon

...

Director
U.S. Chamber of Commerce


31 posted on 10/12/2010 6:38:27 AM PDT by maggief
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