WHERE ARE THESE CORRUPT MEN NOW?

Most know that these three men, (with the help of Obama and a couple other politicians – Dodd and Frank) brought down Wall Street.

Here’s a quick look into the three former Fannie Mae executives who brought down Wall Street.

Franklin Raines – was a Chairman and Chief Executive Officer at Fannie Mae.  Raines was forced to retire from his position with Fannie Mae when auditing discovered severe irregularities in Fannie Mae’s accounting activities. Raines left with a “golden parachute valued at $240 Million in benefits. The Government filed suit against Raines when the depth of the accounting scandal became clear.

Tim Howard – was the Chief Financial Officer of Fannie Mae. Howard “was a strong internal proponent of using accounting strategies that would ensure a “stable pattern of earnings” at Fannie. Investigations by federal regulators and the company’s board of directors since concluded that management did manipulate 1998 earnings to trigger bonuses. Raines and Howard resigned under pressure in late 2004. Howard’s Golden Parachute was estimated at $20 Million!

Jim Johnson – A former executive at Lehman Brothers and who was later forced from his position as Fannie Mae CEO. Investigators found that Fannie Mae had hidden a substantial amount of Johnson’s 1998 compensation from the public, reporting that it was between $6 million and $7 million when it fact it was $21 million.” Johnson is currently under investigation for taking illegal loans from Countrywide while serving as CEO of Fannie Mae. Johnson’s Golden Parachute was estimated at $28 Million.

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WHERE ARE THEY NOW?

FRANKLIN RAINES?:  Raines works for the Obama Campaign as his Chief Economic Advisor.

TIM HOWARD?:  Howard is a Chief Economic Advisor to Obama under Franklin Raines.

JIM JOHNSON?:  Johnson was hired as a Senior Obama Finance Advisor and was selected to run Obama’s Vice Presidential Search Committee.

Obama thinks you don’t know but it kinda makes you sick to your stomach, doesn’t it?  Our government seems to be rotten to the core!  Are we stupid or what?  Vote in 2012..it is the most important election of our lives …. of our children’s lives!  

Please pass this information on to your friends.

About josiahe

Watching closely, working to understand all I may, in this "Age of Information", even from my limited view, I can see much of what's going on ..... and I oft see it's going to impact all of us which is why I share it. My focus is to expose evil, and to serve my Lord and savior Jesus in whatever way He shows me. If one waits long enough, better writers will come along and comment; it's just that I have so little patience with the evil that lurks among us and I've wasted so much time and now, there is so little left! WELCOME!
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