Clinton Hates the Subprime Fiasco SO MUCH that her Campaign Manager Profited From One LenderSomervell County Salon-Glen Rose, Rainbow, Nemo, Glass....Texas


 

Clinton Hates the Subprime Fiasco SO MUCH that her Campaign Manager Profited From One Lender
 


31 March 2008 at 12:35:24 PM
salon

Maggie Williams, the new campaign manager for Sen. Hillary Clinton, earned about $200,000 on the board of a Long Island, N.Y., subprime lender that charged prepayment penalties — a practice that Clinton, as a candidate and critic of the subprime industry, now seeks to eliminate.

Her hiring coincided with stepped-up Delta outreach efforts in minority communities, where the company made a large number of its loans, an initiative that included parties for homeless children and mortgage seminars in Brooklyn and Queens.

The 53-year-old Williams isn't the only Clinton campaign insider who made money from an industry that their candidate boss demonizes on the political trail. A month ago, the Wall Street Journal reported that Clinton ally and former secretary of Housing and Urban Development Henry Cisneros grossed more than $5 million in stock sales and board compensation from Countrywide Financial, one of the nation’s largest subprime lenders.


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Comments

salon > Quick update on this, via Pacer-Click on pic to see larger (Turk Case Update- Telephone Conference Hearing Set for March 8 2019 )

salon > Lance Been awhile. Send me an email at salon@glenrose.net with the names of who you're talking about, above. Also, the newspaper editor is no longer local, ie officed here, but the paper is run.... (What Happened to Jerry Jacene? )

LanceHall > I'd love to see the Hotel Guest books and see if Jacene's name shows up long before he officially *found* the tracks.  I'd like to know if the Visitor's Bureau has emails wit.... (What Happened to Jerry Jacene? )

LanceHall > I see the land or that part of it is now in the hands of Glen Rose's own Corky Underwood. Is Jacene still involved?   I had already informed the Visitor Bureau manager (who's.... (What Happened to Jerry Jacene? )








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