Posted on 05/02/2013 4:34:47 PM PDT by Starman417
As the country is still standing following the financial crisis, Barack Obama has nominated a key figure in the disaster apparently so she can finish off the country for good.
WASHINGTON (Reuters) - President Barack Obama tapped Mike Froman and Penny Pritzker for the last two vacant Cabinet slots on his economic team on Thursday, turning to a law school classmate who is already one of his chief advisors and a billionaire businesswoman who helped put him in the White House.As key members of his team, the two will work to boost demand for U.S. goods and workers, Obama said as he announced the nominations at the White House shortly before leaving on a trip to Mexico, a key U.S. trading partner.
He urged the Senate to quickly confirm the pair.
Quickly. Of course. Before America can be reminded of the damage the woman has done.
Pritzker, a Stanford University-trained lawyer, would bring a member of one of the country's most successful business families to the helm of the Commerce Department.
The family might have done well, but she's bad news. She was the Queen of Subprime Mortgages
Ms. Pritzker served as Superior chairman until 1994. During that period, Superior “embarked on a business strategy of significant growth into subprime home mortgages,” which were then packaged into securities and sold to investors, according to a 2002 report by the Treasury Department’s Inspector General.“Superior was at the forefront of the securitizing of subprime mortgages,” says Timothy Anderson, a retired bank consultant who has studied Superior and other failed thrifts.
And she ran Superior Bank right into the Ohio River
After federal regulators closed the $2.3 billion Superior Bank in July 2001, investigations revealed that the suburban Chicago thrift was tainted with the hallmarks of a mini-Enron scandal. New legal developments are adding additional twists, including racketeering charges. And yet the bank’s owners, members if one of America’s wealthiest families, ultimately could end up profiting from the bank’s collapse, while many of Superior’s borrowers and depositors suffer financial losses.
And do read this carefully:
(excerpt) Read more at floppingaces.net...
They’ve made their money. What the @#$% do they care what happens now?
Blago is Obama's first political prisoner.
-PJ
HEY-HEY,
HO-HO,
Commie Obama
Has got to GO!
HEY-HEY,
HO-HO,
Commie Obama
Has got to GO!
HEY-HEY,
HO-HO,
Commie Obama
Has got to GO!
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