New Commerce Secretary associated with Subprime Mortgage Crisis.

@newtondak (3946)
United States
November 20, 2008 9:47am CST
Chicago businesswoman Penny Pritzker (of Hyatt Hotel empire) Obama's pick for commerce secretary. She was his campaign finance chairwoman, supposedly the person responsible for his record fundraising. Some reports suggest that she was innovator who founded the predatory subprime business model that brought our country to a mortgage crisis.
1 response
anniepa
@anniepa (27955)
• United States
20 Nov 08
It's been confirmed that she will not be the new Commerce Secretary because of a conflict of interest with her business holdings. Annie
newtondak
@newtondak (3946)
• United States
20 Nov 08
I will certainly have to give her credit for acknowledging that she does have a conflict of interest, unlike others who prefer to hide their "skeletons".
1 person likes this