If I were Nancy Pelosi, I would be a little torn right now. How does one come out in support of the Occupy Wall Street Protesters, as Pelosi recently did, and at the same time meet one’s obligations to those same banks which, according to an article in The Daily Caller, gave your son preferential treatment as a means to forge political alliances? Tough one.
From The Daily Caller
“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 and Rosner 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 and Rosner, Countrywide was able to make political alliances with people like Pelosi through favors like this.
Well, I am sure Nancy has an explanation and will let us know shortly. Anyway, it is good to see Nancy down and dirty with the protesters.