Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

New Chief of Staff: Former Hedge Fund Exec. at Citigroup, Made Money Off Mortgage Defaults
Weekly Standard ^ | 1/9/12 | Daniel Halpe

Posted on 01/09/2012 6:39:37 PM PST by Nachum

President Obama's first chief of staff Rahm Emanuel once sat on the board of troubled federal mortgage giant Freddie Mac. Bill Daley, the president's chief of staff whose departure was announced today, was previously a top executive at financial firm J.P. Morgan Chase & Co. So of course there should be little surprise that Obama's latest chief of staff, announced today by the president himself, also has deep ties to the financial industry himself. From 2006-2008, Jack Lew was chief operating officer of Citibank's alternative investments division (snip)that made billions of dollars betting "U.S. homeowners would not be able

(Excerpt) Read more at weeklystandard.com ...


TOPICS: Crime/Corruption; Government; News/Current Events
KEYWORDS: chielf; citigroup; fund; hedge

1 posted on 01/09/2012 6:39:49 PM PST by Nachum
[ Post Reply | Private Reply | View Replies]

To: Nachum

Good bet!


2 posted on 01/09/2012 6:42:54 PM PST by kenavi (1% of the 1% were born in the 1%.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nachum

Blatantly spitting again in every Americans face. How much more of this can we tolerate?


3 posted on 01/09/2012 6:44:49 PM PST by ronnie raygun (V)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nachum

zer0 could hire the devil himself and the press in this country would praise him for being so clever.

This guy he hired belongs in jail

but I’m starting to believe zer0 is going to find enough zombies to send him around for another term. The unbelieveable is starting to become clear.


4 posted on 01/09/2012 6:47:04 PM PST by reefdiver ("Let His day's be few And another takes His office")
[ Post Reply | Private Reply | To 1 | View Replies]

To: All


Help End The Obama Era In 2012
Your Monthly and Quarterly Donations
Help Keep FR In the Battle!

Sponsoring FReepers are contributing
$10 Each time a New Monthly Donor signs up!
Get more bang for your FR buck!
Click Here To Sign Up Now!


5 posted on 01/09/2012 6:58:09 PM PST by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
[ Post Reply | Private Reply | To 4 | View Replies]

To: Nachum

Old news. Time to move on.


6 posted on 01/09/2012 8:38:47 PM PST by DManA
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson