If the name "Jamie Gorelick" doesn't raise a big red flag in your head, you're not paying attention.
Here's the bad news:
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).
...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.
And THAT worked so very well. As a member of the Board, Gorelick also saw to it that Franklin Raines--who cooked the books at Fannie--was paid extremely well for his "service." She did well, too: about $26 million in salary and "fees" during her reign.
That's peanuts compared to this:
...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.
Ashcroft had something to say about Ms. Gorelick's invention:
“In 1995 the Justice Department, imposing a series of restrictions on the FBI that went beyond what the law required. … The single greatest structural cause for September 11 was the wall that segregated criminal investigators and intelligence agents. Government erected this wall. Government buttressed this wall. And before September 11, government was blinded by this wall.”
Oh by the way: Gorelick not only instituted the "wall of separation"--she then went on to serve on the "9/11 Commission" which was responsible for determining what went wrong. It's mentioned that she just might have had a conflict of interest or something. Ya think??
The pattern is clear: Gorelick is a self-serving extremist. Not exactly FBI Director material.
Subscribe to: Post Comments (Atom)
A well-balanced link you provide...then butcher it to be one-sided.
You conveniently failed to mention this important part.
"However, in the months leading up to 9/11, Ashscroft’s Justice Department also did not dismantle the rules or challenge the more general culture in the department that information should be partitioned."
Jamie should be in horizontal stripes for her work at Fannie.
If she had an "R" after her name, the media would have carried it for months. Instead, they buried it and now she gets to resurrect her political career.
Horizontal makes her look fat.
Verticals are OK.
My Father worked for FNMA.
My Father was a high level financial executive for ~18+ years.
My Father lived in Brookfield WI and worked in Chicago IL in The Loop at FNMA's 1 South Wacker location.
My Father spent 18 years getting up a 0400a, catching the 0620 Hiawatha AmTrak out of Milwaukee WI and the 0520p AmTrak out of Union Station Chicago.
My Father would roll in at home about 0800p every night.
0400a to 0800p, every day, for 18 years.
If my Father missed that 0520p AmTrak out of Union Station Chicago, the next was a 0710p.
Then my Father didn't get home until ~1000p.
0400a to 1000p...about 35% of the time.
During his tenure at FNMA, my Father had two cars stolen in the Amtrak Milwaukee WI parking lot.
All for FNMA.
My Father was in charge of half the country's "quality control".
My Father was an "old school" financial executive.
Years and years before the "engineered" debacle of 2008, my Father was trying to bring one mortgage anomaly after another to the attention of superiors and regulating agencies.
My Father was always told to, "shut up".
At one point, even my Father's boss told my Father that my Father's boss was was sorry my Father's boss had hired my Father.
All because my Father was trying to do the right thing.
My Father was a powerful man in a powerful position and, still, my Father couldn't stop the environment of corruption.
My Father used to have to travel to Washington D.C. all the time...attending meetings, functions, etc.
My Father saw men FNMA men dancing with FNMA men, FNMA women dancing and kissing each other.
My Father saw FNMA hire everyone from The Beach Boys to Frank Sinatra to entertain...all on your nickel.
My Father saw Barney Frank dancing with his butt-f*ck buddy of the time.
My Father saw and met the despicable Franklin Raines, a Clinton appointee who know NOTHING about mortgages and, before being appointed by Clinton to head FNMA, had never even worked in the mortgage industry.
My Father sometimes took my Mother to these Washington D.C. "gala"s. They both hated them.
My Father, always honest to a fault, ALWAY personally paid for BOTH OF THEM out of his own packet whenever my Father took my Mother.
My Mother detested FNMA and all that was connected to it.
They would constantly witness marriage infidelity and whispers of adultery at these FNMA parties.
My Mother always made my Father leave these "gala"s early because she couldn't stand the people nor the environment.
Neither could my Father. However, my Father was the ultimate provider and needed the job.
You have to understand my Father and Mother were the ultimate Tridentine traditional practicing Catholics. We were raised STRICT Catholic by my Ma.
FNMA, Franklin Raines, Jamie Gorelick, et al,...these are horrible and corrupt people within a horrible and corrupt company and environment.
FNMA is "the devil's own"...a horribly corrupt machine run by evil politicians and equally evil Wall St. types.
There is, oh so much, the public does NOT know about "behind the scenes" at this Sodom And Gomorrah.
FNMA was never about providing affordable mortgages.
It was always about money.
It only privatized to be able to raise capital in the private markets.
It was never a "private" entity. It was always "quasi-public". The best of both worlds. Raising private sector monies while being guarateed by the taxpayer through corrupt decisions by "bought
and kept" politicians.
Jamie Gorelick shouldn't be in prison. She, along with Franklin Raines, Bill Clinton, Bush, O'Trauma, Barney Frank (defender of all that is FNMA...bought and kept by FNMA...has put numerous of his
"boyfriends into high level FNMA jobs), and others, should be indicted for high treason, found guilty, and hung by the neck until dead.
These are some of the most evil creatures that have ever walked the earth.
15 days after my Father retired at 70 from FNMA he was diagnosed with leukemia.
My Father spent the next three years in cancer hell...and died in 2004...paralyzed, mute, and bed-ridden.
My Father witnessed much at FNMA in the 18 years my Father tried to effect change there and was told repeatedly to, "shut up".
Even high level financial executives at FNMA are not part of "the inner circle" and have little to no real effect on the manifest and prolific corruption.
I'm glad my Father doesn't see what's happening now.
My Father is dead now...no doubt, rolling over in his grave.
F*ck you, Fannie Mae.
Post a Comment