This Day in US Military History is an ongoing catalog of military related events be it, Army, Navy, Marines, Air Force or Coast Guard. Pitch in and let me know if something is wrong or missing or if I just don't have the whole story.
21 October 2010
Why is Obama putting a Fannie Mae/Goldman Sachs lobbyist/consultant as NSA? | Washington Examiner
"Obama last week tapped Tom Donilon as National Security Advisor. What’s Donilon’s resume? I summarized it when folks floated his name as potential White House chief of staff:
He was a top lobbyist at Fannie Mae during the housing bubble, when Fannie fought — with Democratic help — to avoid any restrictions or curbs on its work to inflate home values and get more people under mortgage. Before that, Donilon was a lobbyist at O’Melveny and Myers, where Fannie was a client.
In 2008, according to his financial disclosure forms, Donilon was a paid consultant for Citigroup, Goldman Sachs, and Apollo Investments."
He was a top lobbyist at Fannie Mae during the housing bubble, when Fannie fought — with Democratic help — to avoid any restrictions or curbs on its work to inflate home values and get more people under mortgage. Before that, Donilon was a lobbyist at O’Melveny and Myers, where Fannie was a client.
In 2008, according to his financial disclosure forms, Donilon was a paid consultant for Citigroup, Goldman Sachs, and Apollo Investments."
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