White House FBI candidate Jamie Gorelick a ‘Friend of Angelo’

That this person is even being considered to head up one of the most important agencies in government, indicate the insidiousness of this administration. Yes, once they get there greedy grasping hands on our FBI, oh what a field day they will have. Here is one of the best parts:

Basically, the Gorelick memo set in stone the Clinton-era doctrine that terrorism was to be regarded as a criminal justice problem. That meant information developed by intelligence agencies was not to be shared with criminal investigative units, including the Department of Justice, largely because the regulations under which intelligence agencies operate did not necessarily protect the civil rights of criminal suspects under U.S. law.

There are reports that President Obama is considering former Clinton administration official Jamie Gorelick as a possible candidate to be the next chief of the FBI, and critics are erupting with horror at the idea of a person in that position who, as one alleged, “helped to bring us 9/11 and the collapse of Fannie Mae and Freddie Mac.”

But if the White House seriously is considering such an appointment, surely discussed as part of the vetting process will be her controversial role as a deputy attorney general under Clinton in not preventing the 9/11 tragedy as well as her role under Clinton as a vice chair at Fannie Mae when the mortgage giant developed catastrophic problems.

• Gorelick earned an estimated $26 million serving as vice chair of Fannie Mae from May 1997 to May 2003, according to a May 2006 Special Examination of Fannie Mae conducted by the Office of Federal Housing Enterprise Oversight.

The Wall Street Journal reported Sept. 25, 2008, that Gorelick, while yet an executive at Fannie Mae, received from Countrywide Financial Corp. a favor from Countrywide’s then-CEO Angelo Mozilo, a “friend of Angelo” refinancing. The favor, in 2003, reportedly was favorable interest for a 10-year, 5 percent fixed-rate deal on a $960,149 mortgage owned by Gorelick

In 1998, as Fannie Mae vice chairman, Gorelick received a bonus of $779,625, despite her alleged involvement in a scandal in which Fannie Mae employees falsified signatures on accounting transactions in order to manipulate Fannie Mae books to meet 1998 earning targets. The manipulations allegedly triggered multi-million dollar bonuses for top executives, including Gorelick.
Read more: Candidate for FBI post has history in scandalsWDN