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Garcia Bronco
10-03-2008, 02:07 PM
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FBI Raids Obama's Friends Office

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The FBI on Wednesday raided the county offices of a former Illinois state senator who is a poker-playing buddy of Democratic presidential candidate Sen. Barack Obama.

According to Chicago authorities, the FBI visited the offices in Joliet, Ill., of Will County executive Larry Walsh, a longtime friend of Mr. Obama's, and his chief of staff Matt Ryan.

Mr. Walsh, who served in the Illinois Senate from 1997 to 2005, was endorsed by Mr. Obama in his county executive election bid. With the support of some of Mr. Obama's U.S. Senate volunteers, he easily defeated incumbent Republican Joseph Mikan.

Will County auditor Steve Weber confirmed that his office had been asked by the FBI to assist in an investigation, but he did not elaborate on the specifics.

Two FBI agents out of Chicago reportedly spent more than an hour in the Will County offices on Wednesday morning.

According to sources, the Walsh investigation may be tied to lobbying firm Smith Dawson and Andrews, which was hired in 2006 for $10,000 per month to help Will County acquire federal grants.

The firm, which is registered with the U.S. Senate and House of Representatives, assists clients with communications and legislative strategies that better their public policy agendas, according to its Web site. Last month, Mr. Walsh announced that Will County was the recipient of a $750,000 federal government grant that would allow law enforcement and prosecutors to fight against domestic violence.

One of the firm's partners, James P. Smith, contributed $2,000 to help Mr. Walsh's county executive election bid.

A corn farmer from Joliet, Mr. Walsh has supported his friend's presidential bid, and campaigned for him in rural and farming areas of the state. They are seen hugging each other in photos before Mr. Obama's announcement that he was running for president.

The two men became tight friends during their tenure in the Illinois Senate and bonded over games of poker. According to a report in Time magazine, Mr. Walsh lost to Mr. Obama once with what he thought was a winning hand, and then slammed down his cards and said: "Doggone it, Barack, if you were more liberal in your card-playing and more conservative in your politics, you and I would get along much better."

Mr. Walsh denied any knowledge of any investigation.

"I don't have a clue what you are talking about," Mr. Walsh said in reports published Thursday in the Chicago Sun-Times


http://www.washingtontimes.com/news/...riends-office/

Hotrod
10-03-2008, 02:11 PM
Dude keeps some pretty ****ty company

Garcia Bronco
10-03-2008, 02:13 PM
But wait, Obama doesn't serve "da special interest".

baja
10-03-2008, 02:14 PM
The long arm of GWB reaches out.

"Either you are with us or you are against us"

Rohirrim
10-03-2008, 02:21 PM
And the crimes this guy is guilty of are...

Garcia Bronco
10-03-2008, 02:28 PM
And the crime this guy are guilty of is...

According to sources, the Walsh investigation may be tied to lobbying firm Smith Dawson and Andrews, which was hired in 2006 for $10,000 per month to help Will County acquire federal grants.

theAPAOps5
10-03-2008, 02:32 PM
Ah its October McSame is down, yep this is a perfect time to conduct and FBI "raid"

Garcia Bronco
10-03-2008, 02:34 PM
Ah its October McSame is down, yep this is a perfect time to conduct and FBI "raid"

Come on guys. This corn lobbyist is up to no good. Either way he's just being investigated.

theAPAOps5
10-03-2008, 02:37 PM
Come on guys. This corn lobbyist is up to no good. Either way he's just being investigated.

I am just being a smart ass. We all know someone was going to post what I did!

DenverBrit
10-03-2008, 03:06 PM
Corrupt politicians??

Oh, no, what next!!?? :spit:

Fedaykin
10-03-2008, 03:13 PM
According to sources, the Walsh investigation may be tied to lobbying firm Smith Dawson and Andrews, which was hired in 2006 for $10,000 per month to help Will County acquire federal grants.

Ummmmm..... What's the alleged crime? Is it illegal for a county to hire lobbyists?

ak1971
10-03-2008, 03:17 PM
hang em in the trees

TexanBob
10-03-2008, 03:26 PM
The Feds are probably keeping their cards close to the vest on this but, until I know more, this a "nothing to see here" story. Unless being a friend of Obama is a crime, I don't see where this ties to him at all.

jsco70
10-03-2008, 04:44 PM
It sure makes a spectacular thread title.

L.A. BRONCOS FAN
10-03-2008, 04:54 PM
And the crime this guy are guilty of is...

Keep reading the Moonie Times to find out... :laugh:

Bronco Bob
10-03-2008, 04:55 PM
Meanwhile the GOP is busily sweeping Troopergate under the rug.

Bronco Bob
10-03-2008, 04:56 PM
Keep reading the Moonie Times to find out... :laugh:

You noticed that too? Thought it, but didn't want the right wingers whining about poisoning the well.

L.A. BRONCOS FAN
10-03-2008, 04:59 PM
You noticed that too? Thought it, but didn't want the right wingers whining about poisoning the well.

:laugh:

When the shoe is on the other foot and I call them on that particular fallacy, they usually respond with something like "it all starts with credibility." ;)

Paladin
10-03-2008, 09:49 PM
Troopergate?

Why, honey (can I call you honey?), that's just a little ol' misunderstanding, don't you see? Hocky moms and moose hunters understand that.....

We can talk about it at the soccer game, okay?

Garcia Bronco
10-06-2008, 08:50 AM
http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=OBR&date=20080929&id=9202570


Fannie, Freddie get federal grand jury subpoenas
September 29, 2008 11:47 AM ET

NEW YORK (Reuters) - Fannie Mae and Freddie Mac, the U.S. mortgage finance giants that were taken over by the government this month, said on Monday they were subpoenaed for documents as part of a federal grand jury investigation into their accounting.

The U.S. Attorney's office for the Southern District of New York subpoenaed the two on Friday for documents related to accounting, disclosure and corporate governance dating from January 1, 2007 to the present.

The Securities and Exchange Commission is also investigating these matters and directing the companies to preserve the documents, Fannie Mae and Freddie Mac said.

Both companies said they will cooperate.

Yusill Scribner, a spokeswoman for U.S. Attorney Michael Garcia in New York, declined to comment, citing the office's policy not to confirm or deny the existence of investigations.

The SEC also had no comment on the Fannie, Freddie investigations.

The FBI said last week it was expanding its probe of possible corporate fraud related to the U.S. mortgage market collapse to include Fannie Mae, Freddie Mac, Lehman Brothers Holdings Inc and insurer American International Group .

The allegations would deal with misstatements of assets, FBI Director Robert Mueller told Congress earlier this month.

Financial upheaval tied to the mortgage market meltdown has propelled the government toward a $700 billion financial rescue package.

With the broader stock markets down more than 3 percent, shares of Fannie Mae were up more than 6 percent at $2.11 and Freddie Mac's shares were little changed at around $1.85.

(Reporting by Lynn Adler, additional reporting by Martha Graybow in New York, Rachelle Younglai and James Vicini in Washington)

Copyright 2008 Reuters