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Obama and the Fat Cats
...Does the condemnation include fat-cat Clintonite Robert Rubin (who earned nearly $115 million from Citigroup and served as a mentor to Treasury secretary Timothy Geithner) or the administration’s own Larry Summers (who collected more than $5 million for a year’s work at a hedge fund, and another Rubin protégé)? One could mention other liberals who cashed in at Freddie Mac and Fannie Mae, such as James Johnson, aide to former Democratic vice president Walter Mondale, Franklin Raines, budget director under Bill Clinton, Jamie Gorelick, deputy attorney general in the Clinton administration – and Rahm Emanuel, a Freddie Mac board member who did quite well, despite the implosion. ...