Showing posts with label jim johnson. Show all posts
Showing posts with label jim johnson. Show all posts

Wednesday, June 11, 2008

Obama VP Vetter Jim Johnson Steps Down

It was just announced on several TV Networks that Jim Johnson, the Washington legend picked to help find a VP candidate or set of them for Barack Obama, has just stepped down. This after revelations that Johnson took a set of loans from Countrywide Financial, which has a bad mark on Washington for their involvement in the sub-prime lending controversy.

I think that's a great move and stops a small problem, but a problem, for the campaign. Apparently, he got a good loan deal because of his relationship with the firm's CEO.

But also Johnson had good credit to get that loan to start with.

Johnson did nothing legally wrong. It's all politics. But hey, look at John McCain's VP vetters. I think one of them had problems with the Federal Elections Commission.

Opps!