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Ghost in the Political Machine
Published: June 18, 2008 09:12
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Excerpt: Revenge of the Mortgage Bailout Poster Girl Our May 29 edition contained an editorial, “Democrats’ Mortgage Bailout Poster Child,” which explored Long Beach Democratic Rep. Laura Richardson’s spectacular record of defaulting on home loans, including one in Sacramento. Richardson has two other houses in Southern California that have fallen into default six times over the last 13 months. Now it appears that she may have bullied one of the lenders she stiffed, Washington Mutual Inc., into rescinding the foreclosure sale of…
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