Well, this certainly looks like a lovely home.
Called Beechwoods, the 98-year-old stucco Colonial sits on more than an acre and has views of nearby Soapstone Valley National Park. Highlights include a family room with cathedral ceiling, a library, a movie theater, a recreation room, and an exercise room. The remodeled kitchen has granite countertops, a skylight, a SubZero refrigerator/freezer, and double Wolf ovens. Outside is a pool, a cabana, a shared tennis court, and a four-car garage.
The seller? One Franklin Raines, former head of Fannie Mae and current adviser (on housing policy) to the Obama campaign.
Raines pulled down a paltry $90 million in compensation while accounting fraud ran rampant at Fannie. Coincidentally, I'm sure, the cooked books triggered bonuses to Raines and other key Democratic operatives who controlled the GSE.
Who says crime doesn't pay, peons?
Related: The testimony that will have you screaming in anger. Hat tips: American Thinker and No Quarter.
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