Where are Jim, Tim, and Franklin now?

Just in case you might have wondered how their ineptitude affected their lives after they ruined so many dreams and lives….let me refresh your memory:
Where are Jim, Tim and Franklin now? Here’s a quick look into the three former Fannie Mae executives who brought down Wall Street.

Franklin Raines – was a Chairman and Chief Executive Officer at Fannie Mae. Raines was forced to retire from his position with Fannie Mae when auditing discovered severe irregularities in Fannie Mae’s accounting activities. Raines left with a “golden parachute valued at $240 Million in benefits. The Government filed suit against Raines when the depth of the accounting scandal became clear.

Tim Howard – was the Chief Financial Officer of Fannie Mae. Howard “was a strong internal proponent of using accounting strategies that would ensure a “stable pattern of earnings” at Fannie. Investigations by federal regulators and the company’s board of directors since concluded that management did manipulate 1998 earnings to trigger bonuses. Raines and Howard resigned under pressure in late 2004. Howard’s Golden Parachute was estimated at $20 Million!

Jim Johnson – A former executive at Lehman Brothers and who was later forced from his position as Fannie Mae CEO. Investigators found that Fannie Mae had hidden a substantial amount of Johnson’s 1998 compensation from the public, reporting that it was between $6 million and $7 million when it fact it was $21 million.” Johnson is currently under investigation for taking illegal loans from Countrywide while serving as CEO of Fannie Mae. Johnson’s Golden Parachute was estimated at $28 Million.

WHERE ARE THEY NOW?

FRANKLIN RAINES?
Raines works for the Obama Campaign as his Chief Economic Advisor.

TIM HOWARD?
Howard is a Chief Economic Advisor to Obama under Franklin Raines.

JIM JOHNSON?
Johnson was hired as a Senior Obama Finance Advisor and was selected to run Obama’s Vice Presidential Search Committee.

WOW

This has to be one of the saddest thing i saw in a long time. I was sitting in Bar Burger near CM’s house in Arzai, and I was enjoying my burger, when this kid comes and sneaks in and this is what he proceeded to do.

Yes, He is going through the TRASH to see if he can find some bottles and cans to get a few extra agurot to his family.

Now appreciate what you have and tell your kids as well. I encourage you to show this video to them as well. It might inspire them to not make fun of their poor friends, or to help other kids in need.

I always took the “quick burger” I was going to eat for granted and never really stopped and appreciated it. Until I saw this young boy actually walk in and look through the trash to find a few bottles and cans to make a few “agurot” to give to his family. All that extra agurot couldnt add up to a Burger.

I was very fortunate to grow up with food on the table and never hungry. However, do we ever realize that there are kids that are so close to where we are (in this case, right next door to CM) that DON’T have food to eat for dinner. They are actually going to bed hungry, parents actually having to ask their kids to collect bottles and cans out of garbages so they can feed their families. This isn’t a solicitation for anything. This is just an awakening that I personally had, and something I realized that I take for granted every time I go to a restaurant to eat. How spoiled.

I followed this young boy for another block and watched him rummage through other trash cans for more bottles and cans, he even put some things in his pocket, could it have been food? I have no idea. I finally mustered up the courage to go over to him and give him $20.00 US Dollars. First he looked at me confused as if I wanted change… when he realized I was giving it to him (his family) he started giving me blessings like I never got in my life. I don’t really understand Hebrew, but it was very meaningful, because I saw it coming straight from his heart.

I watched as he started to leave (yes, I borderline stalked him)… he saw some of his friends who he was proudly showing the $20 bill, and explained that this “might be over 70 shekel”… Oh, the happiness on the kids face was priceless.

My burger can finally digest. Next time you have a burger, think of our hungry children that could possibly be our own neighbors.