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Article: Republican National Committee - No Accountability: Will Obama Cut Ties With Jim Johnson, Who Received Millions From Accounting Manipulations and Sweetheart Mortgage Deals?
- Article from:
- U.S. Newswire
- Article date:
- June 11, 2008
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Copyright informationCopyright 2008 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
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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 ...