Obama’s coveted economic advisory board of “distinguished citizens” features rich donors, a corrupt labor official embroiled in a money laundering scheme during the Clinton Administration and a millionaire whose bank folded after victimizing borrowers with subprime loans.
It turns out that the majority of the “distinguished citizens” are indeed dignified Democratic Party donors who gave or raised nearly $1.2 million for Obama’s presidential campaign.
Among them is Chicago millionaire Penny Pritzker, best known as the “Subprime Queen,” for heading a bank that crashed after issuing too many predatory loans at teaser rates. Read More
Chicago millionaire Penny Pritzker, I knew that name would pop up again!