Drudge Retort: Red Meat for Yellow Dogs
Monday, March 31, 2008

Hillary Rodham Clinton's campaign manager, Maggie Williams, earned about $200,000 on the board of a Long Island subprime lender that charged prepayment penalties -- a practice that Clinton, a critic of the subprime industry, now seeks to eliminate. Williams, who took over the reins of Clinton's campaign in early February, served as a director on the board of the Woodbury, N.Y.-based Delta Financial Corp. from April 2000 until the firm declared bankruptcy in December, according to Securities and Exchange Commission records.

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It's the economy, STOOPID!!!

Helldawg sure knows how to pick 'em, eh?

Be Well.

Actually, considering the fact that Hillary's campaign is in the red right now maybe a gal with this kind of "experience" in BANKRUPCY is just the ticket fer ole Helldawg!

Hillary is the "Big Bizness As Usual" candidate.

Do Not Want.

Can. Not. Afford.

08ama '08.

Be Well.

Williams, 53, isn't the only Clinton insider who made money from an industry the candidate has demonized. A month ago, The Wall Street Journal reported that Clinton ally and former HUD secretary Henry Cisneros grossed more than $5 million in stock sales and board compensation from Countrywide Financial, one of the nation's largest subprime lenders.

** cue music **

With my new york brim and my gold tooth displayed,
Nobody give me trouble cause they know I got it made.
I'm bad, I'm Countrywide


There! Spud Fixed That Fer ZZ Top!

Be Well.

On the one hand, you got yer Hillary the pathological liar firing her hispanic campaign manager after Texas (the last of the big hispanic states) and then hiring her long time pal who was part of the problem re: the sub prime crisis instead of part of the solution.

On the other hand, you got John McLame still trying to sell his theory that wot the market needs is less regulation (After WorldCom and Enron and this subprime meltdown no less) and more corporate welfare and more money for the war in Iraq.

Crap on a cracker Obama can't lose against them two.

Be Well.

You can't choose your mother but you can chose your pastor OR YOURS CAMPAIGN MANAGER? Should'nt CNN make a month long story from this like they did from the Rev Wright flap.

You can't choose your mother but you can chose your pastor OR YOUR CAMPAIGN MANAGER? Shouldn't CNN make a month long story from this like they did from the Rev Wright flap

~Joelabey

Yeah, ya'd kinda think the folks over at the Clinton News Network would make a bigger stink here but oddly enuff... not so much!

Let's now play Spud's favoritest new game

Is called... "Who sed that?"

"The Reverend Jeremiah Wright is an outstanding church leader whom I have heard speak a number of times,"

Who sed it?

Give up?

That was Dean Snyder.

Who's Dean Snyder?

That would be the Pastor from the Methodist Church that Hillary famously attended while living in DC.

Pastor of Hillary's Former Church: Don't Use Wright to Polarize

/The more ya know, eh?

Be Well.

Well Obama's Buddy Duval Patrick worked for Ameriquest (Long Beach pawn Shop) and Obama choose his support.

Thank goodness it is so easy to recognize a SpudDud(tm) post........makes it easy to skip it.


Thank goodness it is so easy to recognize a SpudDud(tm) post........makes it easy to skip it.


Yeah, but it was half of the replies in this thread. It's not even 11:00AM and he's already talking to himself.

It's great to see him bring a little of the fark.com nonsense over here though. Truly it is refreshing to see him mix in all of his personalities into once post.

A constant battle rages inside his head to see who gains control over the last patch of sanity.

ROFLMAO....great post Axiom and so accurate too.

Obama linked to sub-prime lenders...

"On Monday, the Obama campaign responded to Hillary unveiling a comprehensive plan to deal with the housing crisis by attacking her for taking contributions connected to subprime lenders. Campaign manager David Plouffe said: "If we're really going to crack down on the practices that caused the credit and housing crises, we're going to need a leader who doesn't owe those industries any favors."

As it turns out, those were just words ... Today, Senator Obama gives an economy speech followed by a fundraiser at - you guessed it - one of the top 10 issuers of subprime loans in America, Credit Suisse. In fact, Senator Obama has taken more money from the top 10 issuers of subprime loans than BOTH Senator Clinton and Senator McCain [cq.com].

- Obama has taken $1,180,103 from the top issuers of subprime loans. [cq.com]
- Obama received $266,907 from Lehman. [Cq.com]
- Obama received $5395 from GMAC. [Cq.com]
- Obama received $150,850 from Credit Suisse First Boston. [Cq.com]
- Obama received $11,250 from Countrywide. [Cq.com]
- Obama received $9052 from Washington Mutual. [Cq.com]
- Obama received $161,850 from Citigroup. [Cq.com]
- Obama received $4600 from CBASS. [Cq.com]
- Obama received $170,050 from Morgan Stanley. [Cq.com]
- Obama received $1150 from Centex. [Cq.com]
- Obama received $351,900 from Goldman Sachs. [Cq.com]

noquarterusa.net

noquarterusa.net

Clinton's daughter works for a hedge-fund that is a sub-prime lender too.

No one complains about Spud's inability to spell.

"Clinton's daughter works for a hedge-fund that is a sub-prime lender too."
Posted by KBM at 2008-03-31 12:26 PM


YEAH!

OMG! Talk about Damning Evidence! Hang em!

Sincerely

GW (The one who credited himself with Single Handedly Presiding over the Largest Homeowner Increase in History ---- only later to be Excused and Sent Running away from Having Anything to do With It) Bush!

Woo Hoo! Spud's thread made the Big Time!

So far nothing but Trolls and Corky in a wig but Spud lives in hope!!

Actually, KBM brings the new freshness to the thread...

Clinton's daughter works for a hedge-fund that is a sub-prime lender too.

~KBM.

Talk about "Hedging yer bets"!

Be Well.


Ah, no comment on Obama's links to sub-prime lenders?

Well, that would be safest, no doubt.

Well Obama's Buddy Duval Patrick worked for Ameriquest (Long Beach pawn Shop) and Obama choose his support

No one complains about Spud's inability to spell.

~SBE

Actually that's "Deval" not "Duval", not that Spud's complaining about yer inability to spell or nuthin'!

^_^

Deval joined ACC Capital holdings in order to help victims of the predatory lenders and to try and mitigate the effects of some of the more egregious practices and change them for the better.

I also want to let you know about an important issue. A few days ago, Ameriquest Mortgage Company and the attorneys general of 49 states announced a settlement of serious unfair lending claims. I had a central role in getting this result.
The settlement is very good news for consumers throughout the country. In the words of Tom Miller of Iowa, the lead Attorney General on the negotiating team, "This is a landmark agreement that will change Ameriquest's practices, and it will set standards we expect other mortgage lenders to follow." Massachusetts Banking Commissioner Steven L. Antonakes declared that the settlement "will result in even greater protections for consumers."

That's true. The agreement raises the bar for lending practices across the industry. That is a very good thing, because sub-prime lending is the fastest growing sector of the lending market. They lend to the people the big banks won't touch.

I am proud to have been a part of the solution. I joined the board of ACC Capital Holdings, the parent company of Ameriquest, in mid-2004, after the attorneys general investigations were already underway. I was asked to join largely because of those investigations.

I am no newcomer to fair lending enforcement. My involvement in these issues goes back to leading the charge against predatory lending in Massachusetts more than a decade ago on behalf of elderly Black borrowers. In the Justice Department I led the most far-reaching fair lending enforcement program in American history. In fact, when I was there we took on the predecessor company of Ameriquest itself. I know what rigorous oversight and enlightened practices can do to put the dream of homeownership within reach of more people.

I brought that experience and commitment to the Board of ACC Capital Holdings. I serve as the Board's point person for the company's ongoing efforts to improve its oversight and internal controls. I was briefed by the negotiating team regularly, and helped guide the company to an effective and practical result. This week's settlement makes Ameriquest -- and the entire industry -- better.

Sometimes, to solve a problem, you have to be willing to get your hands dirty, to get into how and why a problem arises as a path to getting to the best solution. I was taught that getting involved is a more effective way to fix a problem than standing on the sidelines. When you choose me as Governor, you ought to know you are getting a leader who is ready to roll up his sleeves.


www.bluemassgroup.com

/the more you know...

Be Well.

/There is talk now that Deval should step down from his postion because of the "appearance of impropriety" thing that you so recently provided an example of (Thx fer that, btw) but some folks think his job there is not yet over while the crisis yet rages.


Yes, safer indeed.

Jesus fucking christ Corky, repeat the same fucking thing over and over and over again. Maybe someone will care. Or is that how you get paid by the clintons - based on number of blog entries?

So, lets get this straight. It is not only the Repubs who are linked to big business but now also the Dems. now we have got to find fault with them all. Interesting. How many will still point fingers at the Repubs ONLY though????

Seems as if the pendulum does swing both ways.

Hillary Clinton goes both ways? what?

that's just name calling

How many will still point fingers at the Repubs ONLY though????

Seems as if the pendulum does swing both ways.
Posted by farmerjohn at 2008-03-31 02:53 PM


YEAH!

Most notably, only AFTER November of 06 though!

Thanks Spud for pointing out my mistake too. I disagree with you most of the time but I do appreciate you taste in music and I respect you for that. Even though you said I worked for Halliburton.

I worked for Haliburton too.
Great bonuses

Mortgage lenders whether sub prime, alt a, or AAA, are in a world of hurt right now. It's a huge problem that can affect everybody. Like I learned in the s+l crisis, everybody (both sides of the aisle) is knee deep in trouble.......

The proper vote for this election is NONE OF THE ABOVE and have a do over with new canidates on all partys.

ROFLMAO....great post Axiom and so accurate too.

Posted by ride_on at 2008-03-31 10:39 AM | Reply | Flag:

Strap_On, are you actually 'Rolling On the Floor'?

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