Attention

The opinions expressed by columnists are their own and do not represent our advertisers

Thursday, March 24, 2011

Former Clinton Official Paid $26 Million By Fannie Mae Is On Obama Shortlist To Run FBI

The Obama administration reportedly is considering former Clinton administration official Jamie Gorelick, among others, to become the next director of the Federal Bureau of Investigation (FBI).

The Wall Street Journal’s Evan Perez first reported the news last week, citing “U.S. officials” familiar with the situation.

Gorelick served as vice chairman of the Federal National Mortgage Association (Fannie Mae) when the government-sponsored enterprise began bundling subprime loans into securitized financial instruments. 

She was paid more than $26 million in total compensation as a top executive at Fannie Mae before taxpayers had to bail out the mortgage giant.

Prior to that, she served as deputy attorney general in the Clinton Justice Department under then-Attorney General Janet Reno from 1994 to 1997.

But Gorelick is perhaps best known for her 1995 memo, written when she was deputy attorney general, that later became known as “Gorelick’s Wall,” a policy prescription limiting the flow of information between intelligence gatherers and criminal investigators that some believe helped allow the September 11, 2001 attacks on the World Trade Center to go unchallenged.

More at CNSNews

5 comments:

Anonymous said...

After working for Janet Reno, who was Clinton's lapdog and arguably the most corrupt Atty Gen ever (except for the current one), I'm sure she should fit right in with the Obama administration.

It's amazing how little they care about the character of their appointees (or are they being purposely chosen for their 'character'?)

Anonymous said...

I don't feel that Janet Reno was particularly corrupt. She was, however, very incompetent.

Anonymous said...

Reno took blame for Waco...she was corrupt like the rest of that group

do we need the list of dead FOBs?

Anonymous said...

What happened to all that hope & change? This whole crew that is appointed by Ohbama stinks with corruption. Unbelievable! The people we let run this country. Is there any integrity in polotics anymore?

Anonymous said...

My head is in my hands...