Disgusting (credit, debt, mortgage, money)

[kaday]

Credit Crunch Cash Kings - AOL Money & Finance

[amploud]

What does this have to do with the 2008 Presidential Election? Wrong forum!

[floridasandy]

good for willumstad for declining his severance package. the others should be on wanted posters for robbing the american public.

[floridasandy]

Originally Posted by amploud

What does this have to do with the 2008 Presidential Election? Wrong forum!

here i will tie it in with an article from september:

Both John McCain and Barack Obama had ties to mortgage giants Fannie Mae and Freddie Mac as they grappled with the government takeover announced on Sunday.

Their campaigns also have been the beneficiary of largess from another financial titan that is now teetering -- Lehman Brothers -- and could seek government help.

Lehman employees have made the firm among the biggest contributors to both presidential candidates -- $370,524 to Obama and $117,500 to McCain, the Center for Responsive Politics reported today.

Overall, the nonpartisan campaign finance watchdog said it has identified more than $1.9 million in federal contributions to candidates and parties from Lehman's PAC and individuals for the 2008 election, with nearly two-thirds of the money going to Democrats.

looks like the CEOs and our presidential candidates are all making money out of this bailout.

[kaday]

Thanks. I do feel it all ties in with the bailout and then of course the election, part of the bailout being about limiting golden parachutes...but it got moved anyway!