The chief of Obama's Vice President search committee - Jim Johnson - was forced to resign because of his ties to Countrywide and Fannie Mae.
Obama's Chief of Finance and biggest fundraiser - Penny Pritzker - is even more tied to the current financial mess.
SHE SHOULD RESIGN AT ONCE.
Unless Obama wants to be seen as someone who is still in the back pocket of the folks who brought us this mess.
If she doesn't resign, then Obama is admitting his own complicity and hypocrisy.
On February 7, 2002, FDIC Inspector General Gaston Gianni told a U.S. Senate Committe that "the failure of Superior Bank was directly attributed to the Bank's Board of Directors and executives ignoring sound risk management principles." Ironically, the Obama campaign's national finance chair, Penny Pritzker, was a member of the Superior Bank/Coast-to-Coast Financial/Alliance Funding board of directors less than 8 years before Superior Bank's engagement in subprime mortgage/securitization helped cause the collapse of the U.S. banking system. For more info about the involvement of the Obama campaign's national finance chair in the Superior Bank subprime mortgage/securization financial scandal, see the following blog link:
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