Posted on 01/06/2011 9:09:34 AM PST by Nachum
NBC News and Politico are reporting that Bill Daley, brother of Chicago Mayor Richard Daley, former Commerce Secretary under Bill Clinton and long-time executive at Wall Street’s JP Morgan Chase will join the Obama Administration as White House Chief of Staff.
(Excerpt) Read more at biggovernment.com ...
Bill Daley's "centrist"/"business" bio = greasing Fannie Mae patronage factory gears, serving TARP recipient JP Morgan
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Wow.
I bet Rush’s head will explode on his show today.
Can’t imagine what he will have to say about it all.
More corruption on the way, as if we have not had enough in the past 2 years!
I wonder if his “retiring” Chitown Mayor brother suddenly finds a new washington job in this personnel change. That retirement came as way way too convenient for my liking.
Poifect fit. Another Illinois thug goes to Washington.
I had a Chase credit card. After TARP, they doubled my interest rates. (Had to pay back TARP somehow!)
I cancelled the card.
Well, remember how Chicago likes to keep the Daley Dynasty going. Every so often they’ll ease off and let a Washington, Byrne, or Bilandic in, but generally the big money and influential elites prefer to keep it all in the family.
Anyone surprised?
New-Lows-In-Politics Alert.
Major Roger Healey will be the new White House Chief of Staff?
The good news in this is that Daley (with his Chicago bullying tactics) will surely muck up the White House and its congressional relations even more than they are now, while Obama let’s his canniest and most competent operator Pete Rouse slide back into the shadows.
More of Crook County “movin on up to the East Side”!
So how does Obama balance his all bankers are evil mantra by hiring Daley who was up to his neck in Fannie Mae and was/is a JP Morgan Chase Banker.
Zero should keep bringing the crooks there, will make 2012 elections so much easier.
J.P. Morgan Chase & Co., alleging that J.P. Morgan illegally siphoned billions of dollars from Lehman in the days before the investment bank filed the largest bankruptcy in U.S. history.
The lawsuit, filed Wednesday in U.S. Bankruptcy Court in New York, alleges that J.P. Morgan Chief Executive James Dimon and other top executives used inside knowledge to take advantage of Lehman as its financial state worsened.
J.P. Morgan coerced Lehman to turn over $8.6 billion in collateral in September 2008, triggering a liquidity squeeze that contributed to Lehman's collapse, the suit said. The estate is hoping to recoup billions in collateral the bank demanded, and other damages. (Excerpt) Read more at online.wsj.com ...
The corrupt leftist Daley Machine rolls on!
Chicago corruption bump for later..........
Crime pays...
What did you expect ?
Diogenes would travel for a thousand years with his lamp looking for an honest man in the Obama administration.
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