Vetting Obama

James Johnson stepped down as the head of Barack Obama

What happened

James Johnson, the man Democrat Barack Obama chose to head up his vice presidential search team, stepped down amid controversy over alleged sweetheart home loans from Countrywide Financial, a mortgage lender criticized by Obama for its role in the mortgage crisis. Johnson, a former Fannie Mae chairman and the VP vetter for John Kerry in 2004 and Walter Mondale in 1984, said he did not want to be a distraction for the Obama campaign. (Bloomberg)

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