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Other Clinton Alum


    And while we’re contemplating Sandy Berger’s criminality, let’s not overlook another Clinton alumnus Franklin Raines, who, the government is now charging, engaged in systematic misconduct while leading Fannie Mae. Money quote:

[The] charges “reveal how the individuals improperly manipulated earnings to maximize their bonuses, while knowingly neglecting accounting systems and internal controls, misapplying over 20 accounting principles, and misleading the regulator and the public.”
    ”The misconduct cost [Fannie Mae] and shareholders many billions of dollars and damaged the public trust,” he said.

     At least Raines made a profit for his perfidy. What did Sandy Berger get other than a big smooch from Bill Clinton?


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