Role Call of Those Responsible for Fannie Mae Collapse

...AND NOW WE ALL HAVE TO PAY FOR IT!

HAVE YOU WONDERED; WHO ARE THE PEOPLE THAT HAVE HARMED OUR COUNTRY AND COST THE HARD WORKING TAXPAYERS SO MUCH?

HAVE YOU WONDERED IF WILL THEY EVER BE HELD ACCOUNTABLE?

HAVE YOU EVER FELT POWERLESS TO DO ANYTHING ABOUT THESE EXECUTIVES WHO STEAL BILLIONS FROM YOU AND I UNDER THE PROTECTIVE UMBRELLA OF GOVERNMENTAL POWER AND PRIVILEGE?

WHAT CAN WE DO?

I THINK, FOR STARTERS, WE SHOULD AT LEAST LEARN WHO THEY ARE.

THEN, WE CAN WORK TO MAKE THEM FAMOUS FOR THEIR ASSOCIATIONS WITH THIS TREMENDOUS FAILURE.

Fannie Mae executives receiving large bonuses in 1998:

Fannie Mae reported paying the following executive bonuses in 1998: chairman and chief executive James A. Johnson received $1.932 million; Franklin D. Raines, chairman-designate, received $1.11 million; Chief Operating Officer Lawrence M. Small received $1.108 million; Vice Chairman Jamie S. Gorelick received $779,625; Chief Financial Officer J. Timothy Howard received $493,750; and Robert J. Levin, an executive vice president, received $493,750.

If you know something more about these people (facts with sources) -or- If you know of others who should be identified (facts with sources), please add your information in the comments section below.

HERE'S A VIDEO showing some of the US Congress Members that were responsible for failed oversight: http://www.youtube.com/watch?v=_MGT_cSi7Rs

James A. Johnson (businessman):
James A. Johnson is a United States Democratic Party political figure. He was the campaign manager for Walter Mondale's failed 1984 presidential bid and chaired the vice-presidential selection process for the presidential campaign of John Kerry.
Johnson has long been one of Washington's most prominent leaders, holding leadership positions in business, the arts, and politics. From 1991 to 1998, he served as chairman and chief executive officer of the Federal National Mortgage Association (Fannie Mae), the quasi-public organization that guarantees mortgages for millions of American homeowners. Previously, he was vice chairman of Fannie Mae (1990-1991) and a managing director with Lehman Brothers (1985-1990).
As of 2006, he is a vice chairman of the private banking firm Perseus LLC, a position he has held since 2001. He is also a board member at Goldman Sachs, Gannett Company, Inc., a media holding group, KB Home, a home construction firm, Target Corporation, Temple-Inland, and UnitedHealth Group.
Johnson has also served as chairman of both the Kennedy Center for the Arts (1996-2004) and the Brookings Institution (1994-2003). He is also a member of the American Academy of Arts and Sciences, the American Friends of Bilderberg, the Council on Foreign Relations, and the Trilateral Commission.
Johnson began his career as a faculty member at Princeton University, later moving on to the United States Senate as a staff member and to the Dayton-Hudson Corporation (now Target Corp.) as director of public affairs. He was executive assistant to Vice President Walter Mondale during the entire Carter Administration (1977-1981). Later, he founded and headed Public Strategies, a private consulting firm, from 1981 to 1985 before leaving for Lehman Brothers.
Also a member and attendee of Bilderberg Organization.

External links
James A Johnson bio at Goldman Sachs
A Medici With Your Money - article critical of Fannie Mae at Slate magazine

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Franklin D. Raines
Franklin D. Raines (1949–)
Chairman and chief executive officer, Fannie Mae
Nationality: American.
Born: January 14, 1949, in Seattle, Washington.
Education: Harvard College, BA, 1971; Oxford University, 1971–1973; Harvard Law School, JD, 1976.
Family: Son of Delno and Ida Raines (both custodians); married Wendy Farrow; children: three.
Career: Office of Senator Moynihan, 1969, intern; Seattle Model Cities Program, 1972–1973, associate director; Preston, Thorgrimson, Ellis, Holman & Fletcher, 1976–1977, attorney; White House Domestic Policy Staff, 1977–1978, assistant director; U.S. Office of Management and Budget, 1978–1979, associate director; Lazard Frères & Company, 1979–1982, vice president; 1983–1984, senior vice president; 1985–1991, partner; Fannie Mae, 1991–1996, vice chairman; U.S. Office of Management and Budget, 1996–1998, director; Fannie Mae, 1998, chairman; 1999–, chairman and chief executive officer.
Address: Fannie Mae, 3900 Wisconsin Avenue NW, Washington, D.C. 20016; http://www.fanniemae.com.
The first African American CEO of a Fortune 500 corporation, Franklin D. Raines was named chairman and CEO of Fannie Mae on January 1, 1999. Under his leadership, Fannie Mae—short for the Federal National Mortgage Association—remained a major player in what Raines called the "American Dream Business," (Financial Times, October 29, 2002) continued its record of double-digit operating income growth, expanded its product and technology leadership, and committed to invest $2 trillion to finance affordable homeownership and rental housing for 18 million families.
In 2003, with revenues of $53.8 billion, Fannie Mae was the number one source for home mortgage financing in the United States, providing liquidity in the mortgage market by buying mortgages from lenders and packaging them for resale, transferring risk from lenders and allowing them to offer mortgages to those who may not otherwise qualify. Fannie Mae was one of several government-sponsored enterprises, which were stockholder-owned companies created by Congress to carry out a public-policy purpose with private capital. Fannie Mae bought home loans from banks and other mortgage lenders, providing those lenders with a fresh supply of cash to make new loans. Fannie Mae also invested in mortgage-backed securities. It benefited from low interest rates, tax exemptions, and an implicit guarantee of federal support.

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Lawrence M. Small
Lawrence M. Small
Lawrence M. Small was the President and Chief Operating Officer of the Federal National Mortgage Association and the 11th Secretary of the Smithsonian Institution.

Background
Small graduated from Brown University 1963 with a Bachelor's Degree in Spanish literature. He held executive positions in Citicorp and Citibank before becoming the President and COO of the FNMA, a position he held between 1991 to 2000.[1] He is a director of the Chubb Corporation and serves on the boards of Marriott International, Inc., New York City's Spanish Repertory Theatre, the National Gallery of Art, the John F. Kennedy Center for the Performing Arts and the Woodrow Wilson International Center for Scholars.[2]

Time at the Smithsonian
The Smithsonian's Board of Regents appointed Small as the Secretary on January 24, 2000 on the strength of his management experience and hoped-for ability to improve the institution's financial position. He instituted commercial sponsorship of museum exhibitions at the Smithsonian.[3] Roger Sant, the chairman of the executive committee of the Board of Regents, claimed that Small had helped raise $1.1 billion for the institution and contributed half a million dollars himself.[4]
In 2001, Small withdrew his proposal to close the the Smithsonian National Zoological Park's Conservation and Research Center in Front Royal, Virginia after strong opposition from scientists.[5]
In 2004, Small pleaded guilty to violating federal bird-protection laws (ESA, CITES, MBTA) by owning Amazonian tribal artifacts that contained feathers of protected bird species.[6]
In 2006, the Smithsonian agreed to a deal with Showtime to create Smithsonian Networks, a joint venture to create television programming with the Smithsonian's resources. Controversy over the deal emerged when it was disclosed that the network had the right of first refusal for commercial documentaries that rely heavily on Smithsonian collections or staff.[7]
In 2007, Acting Smithsonian Inspector General A. Sprightley Ryan reviewed Small's expenses and reported that $90,000 of expenses between 2000 and 2005 were unauthorized, prompting the watchdog group Citizens for Responsibility and Ethics in Washington to call on the Attorney General Alberto R. Gonzales to investigate whether the spending violated federal law.[8] The U.S. Senate froze a $17 million appropriations increase for the Smithsonian, citing Small's compensation as excessive. On March 26, Small resigned from his position.[9]
A subsequent independent report commissioned by the Smithsonian was highly critical of Small's "imperialistic and insular" management style, including documented resistance to sharing information with the Regents and the audit committee. It also disputed claims earlier made on Small's behalf (see above) on the extent of his personal fund-raising achievements. The Smithsonian in response acknowledged the need to institute reforms in its governance and oversight arrangements. [10]

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Jamie S. Gorelick
Jamie S. Gorelick (born May 6, 1950) is an American attorney and judicial officer who was Deputy Attorney General of the United States during the Clinton administration. She was also appointed by Senate Democratic Leader Tom Daschle to serve as a commissioner on the bipartisan National Commission on Terrorist Attacks Upon the United States, which sought to investigate the circumstances leading up to the terrorist attacks of September 11, 2001.
Gorelick (IPA: [ˌgə ˈrɛl ɪk]) grew up in Great Neck, New York where she attended South High School.[2] She obtained her B.A. (magna cum laude) from Harvard University in 1972, where she was desigated Radcliffe Orator, and a J.D. (cum laude) from Harvard Law School in 1975.
Gorelick joined the Washington, D.C. law firm Miller, Cassidy, Larroca and Lewin in 1975 and worked for them as a litigator until 1993, except for 1979 to 1980 when she was an assistant to the U.S. Secretary of Energy. Gorelick was president of the District of Columbia Bar from 1992 to 1993.
Under the Clinton administration, Gorelick served as general counsel of the Department of Defense from 1993 to 1994, when she was appointed Deputy Attorney General of the United States, the No. 2 position in the Department of Justice. Gorelick served as Vice Chairman of the Federal National Mortgage Association from 1997 to 2003.
She is currently a law partner in the Washington office of WilmerHale and a non-executive director of the oilfield services provider Schlumberger Ltd.

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J. Timothy Howard

I couldn't find information quickly on this guy... Don't worry... I'll fill in the blanks when I get some more time.

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Robert J. Levin

I couldn't find information quickly on this guy... Don't worry... I'll fill in the blanks when I get some more time.

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Sources:
http://www.washingtonpost.com/wp-dyn/articles/A32845-2005Apr6.html
http://www.answers.com/