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Keyword: thomasdonilon

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  • Gates: for Obama, War is 'about Getting Out' Former defense secretary says Obama was convinced

    01/08/2014 8:09:16 PM PST · by Nachum · 8 replies
    inn ^ | 1/8/14 | Gil Ronen
    In a new memoir, former US defense secretary Robert Gates delivered bruising opinions about President Barack Obama’s leadership in the Afghanistan war. Gates said that by early 2010 he had concluded the president “doesn’t believe in his own strategy, and doesn’t consider the war to be his. For him, it’s all about getting out.” In what the Washington Post called “one of the more serious charges that a defense secretary could make against a commander in chief sending forces into combat,” Gates observed that Obama was very pessimisic regarding his own strategy in Afghanistan. The president was “skeptical if not...
  • FLASHBACK: Biden in 2008: ‘Thank God Robert Gates is in Charge’

    01/08/2014 1:41:34 PM PST · by Nachum · 9 replies
    Washington Free Beacon ^ | 1/8/14 | staff
    Speaking at a National Guard Association Conference in September 2008, Joe Biden praised Defense Secretary Robert Gates, exclaiming “Thank God Gates in in charge now!” Flash forward six years later and Gates has not returned the favor. Gates wrote a new memoir, which details his time during office, revealing can’t miss tidbits and making digs at important government officials, most notably taking a jab at Vice President Biden.
  • White House: Obama not propping up Joe Biden

    01/08/2014 1:18:40 PM PST · by Nachum · 84 replies
    Washington Examiner ^ | 1/8/14 | Brian Hughes
    The White House, in damage control after a blistering memoir by former Defense Secretary Robert Gates went public, insisted that a full slate of events between President Obama and Vice President Joe Biden was not meant to prop up Biden. In a rare move, the White House opened up the weekly lunch between Obama and Biden to photographers Wednesday, prompting speculation that the administration was trying to gloss over a brutal 24 hours for Obama’s number two. “You can decide for yourself what you want to believe,” White House press secretary Jay Carney said Wednesday, calling the timing of the...
  • Book review: ‘Duty: Memoirs of a Secretary at War’ by Robert M. Gates (WaPo)

    01/07/2014 5:30:44 PM PST · by RoosterRedux · 22 replies
    WaPo ^ | 1/7/2014 | Greg Jaffe
    In his new book, which has nearly 600 pages of text, Gates takes the reader inside the war-room deliberations of Presidents George W. Bush and Barack Obama and delivers unsentimental assessments of each man’s temperament, intellect and management style. “It is difficult to imagine two more different men,” Gates writes. Gates left Washington in 2011 with a reputation as a steady, sober-minded member of the foreign policy establishment, who had served eight presidents and was admired equally by Republicans and Democrats. The next time Gates visits the capital, his reception may not be quite so warm. “Duty” is his second...
  • Former Obama aides push back on Gates [Daley, Axerod]

    01/08/2014 8:58:35 AM PST · by Cincinatus' Wife · 29 replies
    The Hill ^ | January 8, 2014 | Mario Trujillo
    Former White House officials on Wednesday rushed to defend President Obama against scathing criticism from former Secretary of Defense Robert Gates. In his new memoir, Gates wrote the president did not believe in his own strategy in Afghanistan, and that for him, it was “all about getting out.” Former White House Chief of Staff Bill Daley said Gates shouldn’t have released his memoir while the war in Afghanistan is still being fought. “It’s one thing as historians look back on an administration, but in the middle of it, when you’re pursuing a war at the same time, and one that...
  • The Quiet Fury of Robert Gates

    01/08/2014 4:56:22 AM PST · by Timber Rattler · 57 replies
    Wall Street Journal ^ | January 7, 2013 | Robert M. Gates
    All too often during my 4½ years as secretary of defense, when I found myself sitting yet again at that witness table at yet another congressional hearing, I was tempted to stand up, slam the briefing book shut and quit on the spot. The exit lines were on the tip of my tongue: I may be the secretary of defense, but I am also an American citizen, and there is no son of a bitch in the world who can talk to me like that. I quit. Find somebody else. It was, I am confident, a fantasy widely shared throughout...
  • It Would be Helpful If Guys Like Bob Gates Would Tell the American People What They Know

    01/08/2014 11:50:03 AM PST · by Kaslin · 23 replies
    Rush Limbaugh.com ^ | January 18, 2014 | Rush Limbaugh
    BEGIN TRANSCRIPT RUSH: Is it any surprise that Barack Obama -- see, this is my point, in a nutshell, this is it, this is it. Is it any surprise that Barack Obama and his gang don't like the military? Is it any surprise that everything they do is a political calculation? No. None of this ought to be a surprise to anyone. The real question is -- and I don't know Robert Gates -- you know, this is becoming a trend. You got journalists who are covering campaigns who do not report things that could have impact on the outcome....
  • Towering Obama Arrogance and Superbia Confirmed in Robert Gates' New Tell-All Book...

    01/08/2014 3:12:29 AM PST · by Reaganite Republican · 33 replies
    Reaganite Republican ^ | 08 January 2014 | Reaganite Republican
    "I may be the secretary of defense, but I am also an American citizen,  and there is no son-of-a-bitch in the world who can talk to me like that." Turns out that (genuinely bipartisan) former Secretary of Defense Robert Gates -the only high level official to stay-on from the Bush to Obama administrations, and who worked in some capacity for every US president since Richard Nixon- 'almost quit' in a 2009 Afghanistan strategy meeting, after being treated like crap by a President who he felt had zero grasp of "the uncertainties and unpredictability of war.' " This -among other...
  • Gates Faults Obama Over Afghanistan

    01/07/2014 5:24:38 PM PST · by MinorityRepublican · 24 replies
    The Wall Street Journal ^ | Jan. 7, 2014 | JULIAN E. BARNES and PETER NICHOLAS
    WASHINGTON—Former Defense Secretary Robert Gates compiled a pointed critique of President Barack Obama's oversight of the Afghanistan war in a new memoir that exposes strains within the administration over a vital period for U.S. military strategy. Mr. Gates writes that the president lost faith in the very war strategy he approved, wanted most to find a way out of combat, soured on his handpicked commander and tried to micromanage Pentagon policy, with White House aides facing off against four-star generals.
  • Gates slams Biden in new memoir

    01/07/2014 12:50:00 PM PST · by Sub-Driver · 24 replies
    January 07, 2014, 02:52 pm Gates slams Biden in new memoir By Rebecca Shabad Former Defense Secretary Bob Gates slams Vice President Joe Biden in a new memoir, saying Biden has been wrong on "nearly every" major foreign policy and national security issues for the past 40 years. Gates calls Biden “a man of integrity,” but questions his judgment, writes The New York Times. The paper obtained an advance copy of the book, “Duty: Memoirs of a Secretary at War,” which will be released next week. “I think he has been wrong on nearly every major foreign policy and national...
  • Gates Slams Biden in Memoir, Reveals He Nearly Quit

    01/07/2014 1:11:41 PM PST · by 12th_Monkey · 34 replies
    Time ^ | Jan. 07, 2014 | Zeke J Miller
    Former Secretary of Defense Robert Gates has harsh words for Vice President Joe Biden’s foreign policy judgement in his soon-to-be-released memoir. According to the New York Times, which obtained an early copy of the memoir, Gates calls Biden “a man of integrity,” but questions his record. “I think he has been wrong on nearly every major foreign policy and national security issue over the past four decades,” Gates writes, according to the Times. Gates, the only high-level holdover from the Bush administration to the President Barack Obama’s Cabinet, reveals he nearly quit his post in September 2009 while Obama reviewed...
  • Extra: "A gutsy call" Robert Gates is a Hypocrite.

    01/07/2014 3:46:42 PM PST · by vrwc54 · 36 replies
    CBS 60 Minutes ^ | 5/15/11 | Katie Couric
    From the 60 Minutes interview: Secretary of Defense Robert Gates tells Katie Couric that the mission was one of the most courageous decisions he's ever seen a president make. He calls it a "gutsy call."This 2 minute video is disgusting in its sycophancy. I've never forgiven Gates. There was no bigger Obama suck-up than Gates. Now he is an Obama critic? Give me a break.
  • Robert Gates, former defense secretary, offers harsh critique of Obama’s leadership in ‘Duty’

    01/07/2014 12:19:22 PM PST · by Hojczyk · 30 replies
    The Washington Post ^ | January 7, 2014 | Bob Woodward,
    Gates writes about Obama with an ambivalence that he does not resolve, praising him as “a man of personal integrity” even as he faults his leadership. Though the book simmers with disappointment in Obama, it reflects outright contempt for Vice President Biden and many of Obama’s top aides. Biden is accused of “poisoning the well” against the military leadership. Thomas Donilon, initially Obama’s deputy national security adviser, and then-Lt. Gen. Douglas E. Lute, the White House coordinator for the wars, are described as regularly engaged in “aggressive, suspicious, and sometimes condescending and insulting questioning of our military leaders.” During that...
  • The Real National Scandal: Putin’s Letter to Obama

    05/22/2013 3:38:01 PM PDT · by Nachum · 12 replies
    Trevor Loudon ^ | 5/22/13 | Trevor Loudon
    Appalling as the Benghazi, AP, and IRS scandals are, this dwarfs them all. This puts US national survival, and hundreds of millions of lives at stake. The head of Russia’s National Security Council has arrived in the US on a two-day visit for top-level talks on key stumbling blocks in bilateral relations. He will also deliver President Putin’s response to a letter President Obama sent in April. Putin aide Yury Ushakov confirmed on Tuesday that Patrushev is carrying the presidential letter and is scheduled to meet Obama. Among the US officials Nikolay Patrushev will meet during his trip is National...
  • Obama aide tells Israel of Iran attack plan: paper

    07/29/2012 2:52:05 AM PDT · by Sub-Driver · 32 replies
    Obama aide tells Israel of Iran attack plan: paper ReutersReuters – 3 hrs ago JERUSALEM (Reuters) - President Barack Obama's national security adviser has briefed Israel's Prime Minister Benjamin Netanyahu on a U.S. contingency plan to attack Iran should diplomacy fail to curb its nuclear program, an Israeli newspaper reported on Sunday. The Haaretz newspaper said that the U.S. adviser - Thomas Donilon - had described the plan in talks with Netanyahu earlier this month. A senior Netanyahu aide, Harel Locker, refused to comment on the report when asked about it in an interview with an Israeli radio station. Another...
  • Congressman tells Obama he wants to interview 7 key administration officials about...leaks

    07/12/2012 5:42:55 PM PDT · by Hunton Peck · 8 replies
    FoxNews.com ^ | July 12, 2012 | Chad Pergram, Cristina Marcos
    House Judiciary Committee Chairman Lamar Smith, R-Texas, told President Obama Thursday he’d like to interview seven current and former administration officials who may know something about a spate of national security leaks. The request follows suggestions by lawmakers a day earlier that they’re interested in potentially pursuing a congressional investigation into the leaks, on top of the Department of Justice-led probe. “Concern about these leaks knows no party line. When national security secrets leak and become public knowledge, our people and our national interests are jeopardized. And when our enemies know our secrets, American lives are threatened,” Smith said in...
  • Obama choice helped Fannie block oversight - National security adviser tied to discrediting of probe

    10/14/2010 2:02:42 PM PDT · by neverdem · 15 replies
    Washington Times ^ | October 13, 2010 | Jim McElhatton
    Years before Fannie Mae foundered amid a massive accounting scandal, President Obama's choice for national security adviser oversaw an office inside the mortgage giant that orchestrated a negative publicity blitz to fight attempts by Congress to increase government oversight, records show. Thomas E. Donilon, who won the job as national security adviser this month, worked as a registered lobbyist for Fannie Mae from 1999 to 2005 at a time the company's officials insisted finances were sound. He also earned more than $1.8 million in bonuses before the government took over the troubled company in the wake of an accounting scandal....
  • Feeling Insecure

    10/11/2010 5:51:05 PM PDT · by Kaslin · 7 replies
    IBD Editorials ^ | October 11, 2010 | Investors Business Daily staff
    Political Pick: Tom Donilon is in line to replace retiring Marine Gen. Jim Jones as the administration's national security adviser. Is this career functionary the right person for the job? We feel at greater risk already. Anyone who thinks Donilon is anything other than a political crony out of his depth needs to look no further than the Washington Post, which reports on its whorunsgov.com Web site that "The Democratic operative worked on his first Democratic National Convention at 24, and he's been helping elect candidates ever since." The New York Times says Donilon "started not as a foreign policy...
  • The declinists win

    10/11/2010 9:53:16 AM PDT · by fightinJAG · 10 replies
    NY Post ^ | Oct. 11, 2010 | Arthur Herman
    If anyone still doubted that America's foreign policy is in crisis, the appointment Friday of Thomas Donilon to be our new national-security adviser should be final proof. Set aside the fact that Donilon served as in-house counsel at Fannie Mae, the epicenter of the subprime-mortgage mess and subsequent financial meltdown — something any other administration would see as evidence of less than stellar judgment. Set aside the reports that Defense Secretary Robert Gates had said Donilon's appointment would be a "disaster" or that Donilon fought hard against our military's strategy for winning in Afghanistan — although that seems precisely why...
  • James Jones Out, Anti-Military Guy In (Another Obama miss-step?)

    10/09/2010 3:41:39 AM PDT · by yoe · 24 replies · 1+ views
    Power Line ^ | October 8, 2010 | John Hinderaker
    The news is coming so thick and fast these days one can hardly keep up with it, let alone comment intelligently. But we should at least note that Marine General Jim Jones resigned as President Obama's National Security Adviser today, and will be replaced by political operative Tom Donilon. It is hard to remember now, but shortly after his election, Obama's selection of Gen. Jones as national security adviser, along with a handful of similar appointments, caused us and other observers who are ( even more knowledgeable) to hail what seemed to be a reassuringly moderate trend in Obama's nascent...
  • Donilon's résumé: Policy, law and Fannie Mae

    10/08/2010 10:26:59 PM PDT · by Sub-Driver · 30 replies
    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...
  • New Obama security adviser clashed with military

    10/08/2010 12:05:49 PM PDT · by ColdOne · 12 replies
    Yahoo/Reuters ^ | Oct 8,2010 | Ross Colvin and Patricia Zengerle
    WASHINGTON (Reuters) – President Barack Obama will name close aide Tom Donilon as his new national security adviser on Friday in a move that could have implications for the struggli
  • Report: Top Obama Transition Staffer(Donilon)Led "Backdoor" Lobbying Campaign For Fannie Mae

    10/08/2010 11:18:28 AM PDT · by 11th_VA · 13 replies
    tpmmuckraker ^ | November 17, 2008 | By Zachary Roth
    Change we can believe in? Last week, the Obama transition team announced that it had tapped veteran Beltway Democrat Thomas Donilon to help lead its review of operations at the State Department. As multiple news outlets quickly pointed out, until 2005 Donilon helped oversee the aggressive lobbying operation of troubled mortgage giant Fannie Mae. Now, ABCNews.com has fleshed out the picture a bit, reporting that Donilon oversaw what it describes as a "backdoor lobbying campaign ... to undermine the credibility of a probe into the firm's accounting irregularities." The details, which center on a campaign to discredit an agency charged...
  • Donilon to Replace Jones as National Security Adviser

    10/08/2010 9:59:53 AM PDT · by Enchante · 32 replies
    New York Times ^ | 10/08/10 | David E. Sanger
    Mr. Donilon began as a young political operative for President Jimmy Carter and later was chief of staff for Secretary of State Warren Christopher in the Clinton administration. He has long operated in the area between politics and national security. He coached Mr. Obama on foreign policy for his debates in the 2008 presidential campaign.
  • Thomas Donilon Profile (B.O.'s new Nat'l Security Advisor is a political hack)

    10/08/2010 7:41:19 AM PDT · by SoFloFreeper · 28 replies · 1+ views
    For a long time, Donilon lived his life from presidential campaign to campaign. The Democratic operative worked on his first Democratic National Convention at 24, and he’s been helping elect candidates ever since. He has worked for Jimmy Carter, Bill Clinton and Joseph R. Biden.
  • BREAKING -- Gen. James Jones is resigning (Dummy Donilon replacing)

    10/08/2010 7:37:35 AM PDT · by milwguy · 30 replies
    politico ^ | 10/8/2010 | glenn thrush
    Gen. James Jones is resigning as President Obama's national security adviser. Tom Donilon, the deputy national security adviser, will replace him, a senior administration official tells POLITICO. Jones's resignation will take effect in two weeks. Obama will make an announcement in the Rose Garden at 1 p.m. Friday
  • Breaking On Fox: James Jones To Step Down As National Security Advisor

    10/08/2010 7:09:34 AM PDT · by careyb · 91 replies
    Fox | 10/8/10 | Fox/AP
    Nothing further yet. Just a one line headline from AP.
  • Insider likely to replace Rahm Emanuel

    09/28/2010 6:24:40 AM PDT · by paudio · 15 replies
    Politico ^ | 9/28/10 | GLENN THRUSH & MIKE ALLEN & CAROL E. LEE
    The only names being seriously considered to replace Emanuel are three men who are already on Obama’s team, according to officials: Deputy National Security Adviser Tom Donilon; Ron Klain, an aide to Vice President Joe Biden, and Obama senior adviser Pete Rouse, who might be called upon to temporarily replace Emanuel until a permanent replacement is found.
  • What happened to the Barack Obama dream?

    09/25/2010 8:19:00 PM PDT · by Schnucki · 59 replies
    London Telegraph (U.K.) ^ | September 23, 2010 | Alex Spillius
    Bob Woodward's searing critique of the Democrats' war strategy comes as key advisers are leaving and voters lose patience with Barack Obama's promise to deliver 'hope and change'. Alex Spillius reports on an increasingly isolated President. When Barack Obama took office 20 months ago – and what a long 20 months it seems – there was a lot of talk about the great "Team of Rivals" he was appointing around him. Parallels were drawn with the cabinet of substantial talents and big personalities assembled by Abraham Lincoln to rebuild the nation after the civil war. Now, in a new book,...
  • Rahm Emanuel Leaving White House Before Midterms

    09/22/2010 1:01:03 PM PDT · by RobinMasters · 33 replies
    Newsmax ^ | SEPTEMBER 22, 2010 | Newsmax
    Rahm Emanuel, President Barack Obama's chief of staff, is likely to leave the White House before the November congressional elections to run for mayor of Chicago, people familiar with the matter said. Emanuel, who would be running to replace Chicago Mayor Richard M. Daley, could depart by early October, after Congress leaves for recess to campaign for the midterm elections, the people said on condition of anonymity. One person close to Emanuel said a final decision hasn't been made. The timing of Emanuel's departure would allow him to devote full attention to the Chicago race while still giving the president...
  • FOX NEWS ALERT: Rahm leaving WH as early as next month

    09/22/2010 10:17:26 AM PDT · by library user · 177 replies · 1+ views
    FNC | 9/22/10 | FNC
    Just a FOX NEWS ALERT right now. No story yet.
  • McChrystal denies offering to resign

    06/23/2010 6:15:16 AM PDT · by MaestroLC · 136 replies
    MSNBC ^ | June 23, 2010 | Staff
    WASHINGTON - At a precarious moment in the war in Afghanistan, President Barack Obama prepared to hear his top war commander explain biting published complaints about the commander in chief and his aides. Even before their showdown, the White House's rebuke of Gen. Stanley McChrystal suggested it would be hard for him to save his job. Ahead of his meeting with the president, McChrystal arrived at the Pentagon for meetings, including once scheduled with Defense Secretary Robert Gates. On his arrival, he denied to NBC News that he's offered his resignation. "Come on, you know better than that. No!"
  • Shameless: White House Burnishes Obama Image on Haiti With Timeline Release (Rush was right)

    01/16/2010 7:59:27 AM PST · by kristinn · 88 replies · 7,201+ views
    Saturday, January 16, 2010 | Kristinn
    The Obama administration is burnishing Barack Obama's image as intently focused on the plight of Haitians by pushing on the press a detailed-to-the-minute timeline of Obama's involvement with the response to the Haiti earthquake this week.This shameless promotion of Obama confirms what Rush Limbaugh said earlier this week--that Obama would use the earthquake for his political benefit.The release of the Haiti timeline is in stark contrast to the failure of the White House to similarly account for Obama's time in the aftermath of the Christmas Day terror attack on America while Obama was on vacation in Hawaii. Then, the administration...
  • The Saga Of The Bearer Bonds

    06/13/2009 4:51:15 PM PDT · by FromLori · 41 replies · 3,153+ views
    The Market Ticker ^ | 6/`13/09 | Karl Denninger
    It just gets more and more odd after my original report, with the latest coming from a German newspaper (translation courtesy of Google): Hit for the Zöllner: The contraband securities valued at 134 billion U.S. dollars are apparently real. Die italienische Finanzpolizei hatte zwei Japaner ertappt, die im doppelten Boden eines Koffers milliardenschwere Anleihen in die Schweiz schaffen wollten. The Italian financial police had two Japanese caught in the false bottom suitcase billion-dollar bonds in Switzerland wanted to create. Von dem Fund profitiert das hochverschuldete Italien. Note that this has received very little coverage in the so-called "mainstream US media"...
  • 2009 White House Correspondents' Dinner [LIVE THREAD]

    05/09/2009 5:27:46 PM PDT · by STARWISE · 425 replies · 26,773+ views
    # Houston Chronicle: Alberto Gonzales # Fox News: Chace Crawford, Todd Palin, Matthew Modine, Greta Van Susteren, Bill O’Reilly, Glenn Beck, Bret Baier and Chris Wallace. # National Music Publishers’ Assn.: Kara DioGuardi # Wall Street Journal: Jason Wu # BBC: Sir Howard Stringer, Kristi Yamaguchi, Ellen Burstyn, Phil Gordon # CNN: Ashton Kutcher, Demi Moore, Val Kilmer, Kyra Sedgwick, Brad Cooper, Tyra Banks, Janet Napolitano # ABC News: David and Susan Axelrod; Rahm Emanuel, White House Chief of Staff; Peter Orszag, Director, Office of Management and Budget; Valerie Jarrett, senior presidential advisor; Jackie Norris, First Lady’s Chief of Staff;...
  • Obama adviser lobbied to protect Fannie(Thomas E. Donilon

    11/17/2008 8:49:29 PM PST · by Fred · 3 replies · 506+ views
    Washington Times ^ | 111808 | Jim McElhatton
    A transition adviser to President-elect Barack Obama earned millions of dollars overseeing an office that led a lobbying effort to prevent increased oversight of mortgage giant Fannie Mae, the company at the heart of the ongoing turmoil in the nation's financial markets, public records show. The unpaid adviser, Thomas E. Donilon, held several senior positions at Fannie Mae from 1999 to 2005, including vice president of law and policy, at a time when the company's officers and lobbyists were insisting that now-troubled Fannie's finances were sound. In a 2006 report, the Office of Federal Housing Enterprise Oversight (OFHEO) said Fannie...
  • Obama Team Sheds Light on New Administration (DOS, DOD, Treasury)

    11/12/2008 10:52:31 PM PST · by STARWISE · 25 replies · 2,041+ views
    Wall Street Journal ^ | 11-12-08 | Laura Meckler, Jonathan Weisman
    *snip* The Obama transition team released the names of 13 people on Wednesday who will direct a top-to-bottom review of federal agencies and another six who will lead teams that will review Treasury, State and Defense department policy, budget and personnel issues. *snip* It includes four former lobbyists, three top campaign fund-raisers and two former employees of troubled mortgage giant Fannie Mae, with some overlap among them. Four people in the group have ties to the consultant McKinsey & Co. and two have experience leading high-tech start-ups. Mr. Obama's transition advisers include Tom Donilon, a top lobbyist for Fannie Mae,...
  • America Held Hostage- the Obama Files...

    11/08/2008 3:06:12 AM PST · by backhoe · 3,015 replies · 204,972+ views
    various links ^ | 11-8-08 | The Heavy Equipment Guy
    America Held Hostage- the Obama Files... With a hattip to Rush ( His idea during the Clinton plague upon America ) I am starting a file on “The One,” mostly starting from the election date. Older stuff- links, quotes, quips, and sometimes pointed graphics can be found by scrolling back from these two posts: -Hillary Clinton- archives, comments, and opposition research---Sarah Palin- links, from the beginning--There is some good material in those posts that raises a lot of uncomfortable questions that everyone ought to be asking, and probably will once the “new” wears off, and we are stuck with four...
  • The Democrat Record On Fannie Mae & Freddie Mac (2003-2007)

    09/30/2008 7:54:43 AM PDT · by SBD1 · 49 replies · 2,817+ views
    Congressional Transcripts | September 30, 2008 | SBD
    HOUSE COMMITTEE ON FINANCIAL SERVICES HOLDS A HEARING ON TREASURY DEPARTMENT'S VIEWS ON THE REGULATION OF GOVERNMENT SPONSORED ENTERPRISES SEPTEMBER 10, 2003And I now will recognize the ranking member, the gentleman from Massachusetts, Mr. Frank. FRANK: Thank you, Mr. Chairman. I appreciate hearing from the two Cabinet secretaries, but I just say at the outset that before we move on any legislation, I would hope we would have some additional hearings. And in particular, I think it's important that the variety of groups in our country who care about housing be invited, because that's my major focus here, as it's...
  • Goodfellow’s Bedfellows: Who’s in Bed with the Washington Post

    07/04/2006 1:02:34 PM PDT · by Fedora · 85 replies · 8,567+ views
    Original FReeper research | 07/04/2006 | Fedora
    Goodfellow’s BedfellowsWho’s in Bed with the Washington PostBy Fedora Introduction I. A Radical Education: Boston University and Cambridge-Goddard II. Vietnam Roots: Indochina Resource Center A. Luce at International Voluntary Services B. Luce and Cornell’s Hanoi for Lunch Bunch C. Luce’s Tiger Cages and the Indochina Mobile Education Project D. Luce and Branfman: The COLIFAM Connection E. Luce, Branfman, Winter Soldier, and Project Air War F. The Indochina Resource Center: Branfman, Luce, and Goodfellow G. The IRC and the Indochina Peace Campaign: The Hayden-Fonda Link III. Post-Vietnam Transition: Campaign for a Democratic Foreign Policy and Coalition for a New Foreign and...
  • Fannie Mae Manipulated Accounting (Trading Halted)

    05/23/2006 9:17:32 AM PDT · by AdamSelene235 · 52 replies · 3,366+ views
    ap ^ | Tuesday May 23, 2005 | Marcy Gordon
    WASHINGTON (AP) -- Employees at mortgage giant Fannie Mae manipulated accounting so that executives could collect millions in bonuses as senior management deceived investors and stonewalled regulators at a company whose prestigious image was phony, a federal agency charged Tuesday. The blistering report by the Office of Federal Housing Enterprise Oversight, the product of an extensive three-year investigation, was issued as the government-sponsored company struggles to emerge from an $11 billion accounting scandal. Earlier, a person familiar with the situation said that Fannie Mae was being fined between $300 million and $500 million for the alleged manipulation of accounting to...
  • HUD Review: Fannie Mae Offices Misused

    10/17/2005 8:57:33 PM PDT · by AdamSelene235 · 17 replies · 1,911+ views
    ap ^ | Monday October 17, 2005 | ap
    WASHINGTON (AP) -- Mortgage giant Fannie Mae has used its regional partnership offices over the years primarily to lobby Congress instead of promoting affordable housing, the Department of Housing and Urban Development concluded after a yearlong review. HUD opened a formal inquiry into the political activities of Fannie Mae's regional offices in July 2004 following a Wall Street Journal story that said the company used its partnership offices to funnel money into key congressional districts. HUD, which refused to release its report to the public, said in a statement Monday that Fannie's congressional charter allows it to set up regional...
  • Former Fannie Mae Exec as White House Chief of Staff?

    09/24/2010 3:54:14 PM PDT · by fightinJAG · 3 replies
    CNBC Realty Check ^ | Sep 24, 2010 | Diana Olick
    As White House watchers mull possible replacements for Chief of Staff Rahm Emmanuel, Deputy National Security Adviser Thomas Donilon appears to be on the short list. Donilon was part of the Obama transition team and served in the Clinton and Carter administrations. But one listing on his resume could cause President Obama and his vetting team a headache. Donilon was also Executive Vice President for Law and Policy at Fannie Mae (2000-2005) during investigations into accounting irregularities at the mortgage giant and was accused of overseeing a lobbying campaign against those investigations in a scathing government report.
  • 10 reasons to be worried as Tom Donilon, Afghan war sceptic & desk-bound foe of US military,

    10/08/2010 2:23:07 PM PDT · by nuconvert · 14 replies
    Four weeks before the mid-terms and Barack Obama fires General Jim Jones as National Security Adviser and appoints Tom Donilon in his place. So what on earth is going on and what does this mean? Here are 10 reasons to be worried: 1. Donilon has a poor relationship with Bob Gates, the Pentagon chief. Gates has issued a statement lauding his “very productive and very good working relationship” with Donilon. But Bob Woodward reported that Gates once told Jones that Donilon would be a “disaster” as National Security Adviser. Gates, Washington’s Mr Steady, is hardly likely to have used that...
  • Anyone Not Tied to Fannie or Freddie Please Stand Up (New Security Advisor Donilon VP)

    10/08/2010 12:39:20 PM PDT · by marstegreg · 6 replies
    Wall Street Journal ^ | September 24, 2008 | Susan Davis
    Donilon, who contributed $4,600 to Hillary Clinton’s presidential campaign in March 2007 (and gave the maximum $2,300 to Obama for the general election in July), has a long resume in Democratic politics. He headed the Clinton-Gore transition effort and Clinton’s 1992 debate prep. He also served as an aide to Sen. Joe Biden in his failed 1988 presidential bid. More recently, he served as Fannie Mae’s executive vice president for law and policy from 1999 until 2005, giving him control of Fannie Mae’s legal, regulatory and public policy activities and government and industry relations. Donilon was one of several executives...
  • White House exodus continues as National Security Adviser resigns

    10/08/2010 12:58:30 PM PDT · by Schnucki · 18 replies
    London Telegraph (U.K.) ^ | October 8, 2010 | Alex Spillius
    The exodus of senior aides from the White House continued as Gen James Jones, Barack Obama’s head of National Security, resigned. His departure, which comes a week after Rahm Emanuel, the chief of staff, resigned, removes one of the few senior officials not belonging to the US president’s coterie of long-time advisers. Brought in originally for his vast experience and independent voice, it had been clear for some time that the former Nato supreme commander had failed to gel with the president’s inner circle. Gen Jones is being replaced by one of those close aides, his former deputy Thomas Donilon....
  • Obama transition adviser undermined Fannie Mae oversight as lobbyist (Anyone surprised?)

    10/08/2010 12:50:26 PM PDT · by marstegreg · 8 replies · 1+ views
    Hot Air ^ | November 17, 2008 | by Ed Morrissey
    Thomas Donilon, named by Barack Obama as an adviser to his transition team, oversaw lobbyist efforts to undermine OFHEO’s regulatory efforts over Fannie Mae and Freddie Mac. ABC News reports on Donilon’s history and his participation in painting a much rosier picture than reality provided for Fannie Mae’s board. The Obama rebuttal will sound familiar to those who recall Jim Johnson’s involvement with Obama’s campaign: One of Obama’s top transition team members, Thomas Donilon, oversaw an aggressive, backdoor lobbying campaign by mortgage giant Fannie Mae to undermine the credibility of a probe into the firm’s accounting irregularities, according to a...