Obama’s campaign finance chairman Penny Pritzker aided subprime crisis?
Is this report true?
“In a sobering aside, readers should not expect any serious economic remedies for the crisis from a President Barack Obama. Obama’s national campaign finance Chairman is Chicago real estate billionaire Penny Pritzker, who is heir to among other things the Hyatt Hotels. It was Pritzker together with Merrill Lynch 10 years ago who first developed the model for securitizing “subprime” real estate, the trigger for the current Financial Tsunami crisis.”
From this article:
http://onlinejournal.com/artman/publish/article_3583.shtml
That’s probably just one of many layers that’s caused our current “Financial Tsunami crisis”. Keep in mind, that this attempted wiping out of the middle-class, devaluing of the dollar; is being done intentionally by the criminal elements that are running the show.
Real Estate – Morocco’s property bubble burst