Article: Republican National Committee - No Accountability: Will Obama Cut Ties With Jim Johnson, Who Received Millions From Accounting Manipulations and Sweetheart Mortgage Deals?

To: POLITICAL EDITORS

Contact: Republican National Committee Press Office, +1-202-863- 8614

WASHINGTON, June 11 /PRNewswire-USNewswire/ -- The following was released today by the Republican National Committee:

(Logo: http://www.newscom.com/cgi-bin/prnh/20080519/RNCLOGO)

Jim Johnson, A Former CEO Of Fannie Mae And Top Campaign Adviser, Earned Large Bonuses Due To An Accounting Manipulation:

In 1998, Fannie Mae's Earnings Were Manipulated, Which Resulted In "Maximum Payouts" To Executives Including CEO Jim Johnson. "As CEO of Fannie Mae, Johnson, a former chief of staff to Vice President Walter F. Mondale and chairman of the board of the Kennedy Center, was the beneficiary of accounting in ...

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