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Rahm Emanuel's profitable stint at mortgage giant [Freddie Mac]
Chicago Tribune ^ | 3/26/09 | Bob Secter and Andrew Zajac

Posted on 03/26/2009 5:43:49 AM PDT by Timeout

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Comment #21 Removed by Moderator

To: maggief
From that same NY Times article, In Banking, Emanuel Made Money and Connections

......Confidants of Mr. Emanuel’s said he decided to try his hand at business because he wanted financial security for his family, before eventually returning to public service.

“He had a number in his head to make enough for the family,” said Ezekiel J. Emanuel, one of Rahm’s two brothers and a prominent bioethicist at the National Institutes of Health.
..........

So it seems Rahm wanted to make enough money (18 +MIL?) so that he would be financially secure, then come back to public life to mess with our security.

Also from that article, Rahm got one of those pesky "retention bonuses" that seem so "troubling"

....his hefty paydays came from bonuses for the business he brought in , as is customary in investment banking , along with the company’s sale in 2001 to the German Dresdner Bank, which allowed him to benefit from an equity stake, as well a large retention bonus paid to him based on his prior performance.
22 posted on 03/26/2009 6:44:35 AM PDT by Girlene
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To: Timeout

Move along. Nothing to see here. Relax - he’s a liberal democrat so it’s OK.


23 posted on 03/26/2009 7:15:01 AM PDT by RtWngr (Being tolerant of the intolerant is pretty stupid actually.)
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To: rush

Lots of good material here for futher EIB investigation/commentary.


24 posted on 03/26/2009 7:42:12 AM PDT by Timeout (The Brits have their royal family. We have our privileged "public servant" class.)
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To: maggief

Emanuel’s 2009 Senate earmarks:

http://blogs.suntimes.com/sweet/2008/04/rahm_emanuels_fiscal_year_2009.html


25 posted on 03/26/2009 8:54:25 AM PDT by STARWISE (They (LIBS-STILL) think of this WOT as Bush's war, not America's war- Richard Miniter)
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To: STARWISE; Diana in Wisconsin

This is more proof that Emanuel is corrupt. Obama says that we should change the government. If the voters, of the 5th District, want to show that they support a large change, they’ll vote for Rosanna Pulido, the founder and director of the Illinois Minuteman Project. Please read her site, www.rosannapulido2009.com.


26 posted on 03/26/2009 9:59:17 AM PDT by PhilCollins
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To: Timeout

All that money...and he still had to wake up to this every morning (rent free, mind you)

27 posted on 03/26/2009 10:03:53 AM PDT by BookmanTheJanitor
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To: Baynative
Right now everyone should make a clever comment on a discussion board and send some email jokes to friends and co workers!

You go first.

28 posted on 03/26/2009 4:55:54 PM PDT by RoadKingSE (How do you know that the light at the end of the tunnel isn't a muzzle flash ?)
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