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Published: 06/16/08

Mortgage Scandal Nets More Obama Supporters

By  Mark Impomeni - Politics Daily
Mortgage Scandal Nets More Obama Supporters

Jim Johnson, a member of Sen. Barack Obama's Vice-Presidential search committee, resigned from the campaign last week after revelations that he received preferential treatment on mortgages from Countrywide Financial came to light. Now, the scandal is widening, snaring two more prominent Obama supporters, as well as a former Bush Administration official and two former Clinton Administration cabinet members. Obama supporter Sen. Kent Conrad (D-ND), admitted Saturday that he received a discounted mortgage from Countrywide under the same "friends of Angelo" program as Johnson, although he claimed ...

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Published: 06/11/08

Embattled Obama Adviser Steps Down

By  Mark Impomeni - Politics Daily
Embattled Obama Adviser Steps Down

Jim Johnson, a member of Sen. Barack Obama's Vice-Presidential selection committee embroiled in a controversy over discounted mortgages he received from mortgage giant Countrywide Financial, resigned his position with the campaign today. Sen. Obama released a statement announcing the resignation and said that Johnson did not want his service to the campaign to become a distraction."Jim did not want to distract in any way from the very important task of gathering information about my vice presidential nominee, so he has made a decision to step aside that I accept." When asked about the ...

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