Why haven't we heard anything in the MSM about this lady, Penny Pritzker, Obama's campaign finance chair?
Obama's Sub-Prime Conflict
By Dennis Bernstein
February 28, 2008
.........if you traced today's sub-prime crisis back to its origins, you would come upon the role of the Pritzkers and Superior Bank of Chicago.
As an owner and board chair of Superior, Penny Pritzker also was named in a RICO class action suit on behalf of the more than 1,400 depositors at Superior, who initially lost over $50 million of their life savings.
"This is a story of two Americas with two sets of laws, one for the rich and powerful and another for the rest of us," said Clint Krislov, the depositors' attorney, in a recent interview. "My clients will all be dead, before they get back their money, given the Supreme Court's recent decision to uphold the lower court, which put the predatory owners on the front of the line, if any money is recovered."
The Pritzkers arrayed a powerful and well-connected legal team including former President Bill Clinton's impeachment lawyer Lanny Davis, two ex-comptrollers of the currency, and two former General Counsels to the FDIC, the American Banker Magazine reported.
Given the political sensitivity of the sub-prime mortgage crisis, Anderson said he believes Penny Pritzker should resign her post as Obama's Finance Chair, the person who oversees the campaign's fundraising.
Otherwise, Anderson said, Pritzker's presence could undercut Obama's credibility on the issue of predatory lending and create a possible conflict of interest if Obama is elected President and tries to crack down on sub-prime abuses.
Obama campaign spokesman Tommy Vietor had no comment about the controversy surrounding Pritzker, but added: "Barack Obama has already made it very clear that he's going to crack down on fraudulent brokers and lenders."
One might wonder why Hillary Clinton's campaign hasn't jumped on this issue. Maybe it's because Penny's little brother, J.B. Pritzker, is a mover and shaker in the Clinton campaign.
In May of 2007, Jay Robert, aka, (J.B.) Pritzker, threw his support behind Hillary Clinton, representing a coup for her campaign by wresting the billionaire out of Obama's home town of Chicago, and better still, the brother of Obama's Campaign Finance Chair.
J.B. Pritzker announced he would head a new grassroots organization called Citizens for Hillary Clinton. Pritzker told reporters at the time, the new organization would go into states "where we haven't fully organized" and seek out campaign supporters as well as raise funds.
Apparently the Pritzkers will be sitting at the head table at the Inaugural Ball if either Democrat wins.
