Forum Post: Isn't Nancy Pelosi a mega-millionaire?
Posted 13 years ago on Oct. 10, 2011, 11:05 p.m. EST by dubbad
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Isn't Nancy Pelosi a mega-millionaire?
“Paul Pelosi, Jr., the son of Nancy Pelosi, the former Speaker of the House, worked as a mortgage broker and sales manager at a Countrywide office in San Mateo, California,” Morgenson wrote in the book. “In 2007, when the company was on the ropes and beginning a mass of layoffs, Pelosi’s name was on the list of those to be cut. According to a former executive with knowledge of the situation, [Countrywide CEO Angelo] Mozilo personally removed Pelosi’s name from the list.”
According to Morgenson, Countrywide was able to make political alliances with people like Pelosi through favors like this.
“With more than thirty-five thousand employees, it was easy for Mozilo to make a few strategic hires for friends and others in positions to help Countrywide,” Morgenson wrote.
Also, according to the Los Angeles Times, Pelosi’s son Paul also got about $1 million in loans for a condo from his politically-connected employer Countrywide.
Pelosi’s son’s special treatment contrasts with the top House Democrat’s support for Occupy Wall Street — a movement that appears to oppose corporate corruption and cronyism."
Yes, indeed. We do not want her or Obama or any politician to be associated with OWS.
It was my understanding that, if you aren't a mega-millionaire before you get to congress, you will certainly be one by the time you leave. Pelosi is corrupt as hell.