March 26, 2009

CHICAGO TRIBUNE: Rahm Emanuel’s profitable stint at mortgage giant: Short Freddie Mac stay made him at least $320,000. “Emanuel’s Freddie Mac involvement has been a prominent point on his political résumé, and his healthy payday from the firm has been no secret either. What is less known, however, is how little he apparently did for his money and how he benefited from the kind of cozy ties between Washington and Wall Street that have fueled the nation’s current economic mess.” And that’s just the beginning of Emanuel’s financial history . . . .

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