"President-elect Barack Obama's newly appointed chief of staff, Rahm Emanuel, served on the board of directors of the federal mortgage firm Freddie Mac at a time when scandal was brewing at the troubled agency and the board failed to spot "red flags," according to government reports reviewed by ABCNews.com. " - ABC News StoryIs this the Change that we were all seeking in Washington? This guy sat on the Board of one of the Institutions that have contributed to the one of the biggest crashes in economic history.
"...the entire board was later accused by the Office of Federal Housing Enterprise Oversight (OFHEO) of having "failed in its duty to follow up on matters brought to its attention." - ABC News
Is this going to be Change for the good, or for the bad?
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