You're browsing: Mortgage Blues » Editorial » Article Title: Second Clinton subprime relationship looks bad

A month ago, The Wall Street Journal reported that Clinton ally and former HUD Secretary Henry Cisneros grossed more than $5 million in stock sales and board compensation from Countrywide Financial, one of the nation’s largest subprime lenders. Mrs. Clinton’s campaign manager and longtime aide Maggie Williams made US$200,000 by working on the board of Delta Financial Corp., a subprime lender. The Williams headline was the first article to hit the news. Cisneros is simply a friend, or ally, but between the two articles people are beginning to wonder about CLinton’s sincerity.

Did Hillary Clinton attach herself to the subprime issue because she wanted votes? Did she do any background research? Was subprime another issue, or an opportunistic grab for headlines? After all is said and done the issue may be an embarrassment just like Obama’s preacher.

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