Can you imagine the outrage if McCain had won and named a former Freddie Mac director as his chief of staff? Poopstorm is the polite-term for the media reaction. But that is just what Obama has done:
Clinton appointed Emanuel to mortgage giant Freddie Mac’s board, a post that paid him at least $292,774 in director’s fees, according to a financial disclosure report Emanuel filed in 2002 when he ran for Congress. Emanuel served on the board when Freddie Mac misstated its earnings by $5 billion for 2000-2002. When the problem was uncovered in 2003, three top Freddie Mac executives were forced out.
