To: puborectalis who wrote (45422 ) 9/8/2008 11:10:19 PM From: Ann Corrigan Read Replies (1) | Respond to of 224755 Riddle me this batman, why is this same Democrat, Jamie Gorelick, always in the midst of a debacle in the US government? Rahm Emanuel is another suspect board member. Gorelick was in Janet Reno's Justice Dept. She made the ridiculous Democrat inflicted intelligence restrictions even worse, as far as the CIA and FBI NOT exchanging information. That's the reason the Sept 11 plot was not detected. Then some idiot decided Gorelick should be appointed a member of the 9/11 Commission. Now we find her in the midst of the mortgage meltdown. Evidently this Democrat woman's presence has the effect of a dangerous time bomb. The Government should have Been Cracking down on Fannie & Freddie back in the 90s. Here are some of the Democrats who sit on the board: James A. Johnson, Jamie Gorelick, Franklin D. Raines, Thomas E. Donilon, Louis J. Freeh, Harold Ickes, Rep. Rahm Emanuel They're are All Clinton Democrats: Franklin Raines and chief financial officer Timothy Howard left the company after two federal agencies accused Fannie Mae of improper accounting to the tune of $9 billion in unrecorded losses. In 2003 a similar accounting controversy engulfed Freddie Mac, another huge mortgage company. Even though she had no previous training nor experience in finance, Gorelick was appointed Vice Chairman of FNMA from 1997 to 2003. She served alongside former Clinton Administration official Franklin Raines, and earned over 26 million during her six years there. During that period, FNMA developed a $10 billion accounting scandal. One example of falsified financial transactions that helped the company meet earnings targets for 1998, a "manipulation" that triggered multimillion-dollar bonuses for top executives. Gorelick received $779,625. And what was Barney Frank doing about all this. Getting freebies from Country Wide, like the rest of them.