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Tuesday, September 23, 2008
Corsi Still Hiding Raines' Denial of Obama Link
Topic: WorldNetDaily

We've previously asked whether Jerome Corsi would back off the disputed claim that former Fannie Mae CEO Franklin Raines is an adviser to Barack Obama. We have our answer: nope.

A Sept. 22 WorldNetDaily article by Corsi repeats that claim that Raines is an Obama adviser in the midst of accusing him of "receiv[ing] preferential home loans as industry favors." Again, nowhere does Corsi note that both Raines and the Obama campaign have denied that Raines is an Obama adviser.

Wouldn't that be an important thing to report? Corsi doesn't think so. Which is why we've pointed out how closely Corsi's shoddy reporting tracks that of his employer.

By contrast, a Sept. 23 article by Matt Cover and Matt Hadro on Raines notes the denial -- in fact, it's noted twice. But it also claims that "Raines reportedly earned $90 billion during his time as Fannie Mae’s CEO," which we're pretty sure is wrong.

(UPDATE: CNS has now corrected that to a more logical "$90 million.l")

Posted by Terry K. at 9:03 AM EDT
Updated: Tuesday, September 23, 2008 5:14 PM EDT

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