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"Blatherskite": one given to empty talk.
"Apotheosis": the raising of a person to a god.
See, e.g., Barack Obama
This happened seven years before the current subprime chaos. Perhaps Superior's financial engineering tactics -- predatory lending, exorbitant fees and high interest rates -- became the textbook for the future.
Obama, who believes he is the real hope of the future, claims he will crack down on fraudulent brokers and lenders. He also contends he will make sure home buyers have honest and complete information about their mortgage options.
Despite this, Obama's current campaign finance chairwoman is Penny Pritzker, a one-time top official at Superior, which was named in a racketeering class-action lawsuit filed on behalf of the bank's depositors.
Additionally, several of Obama's top 14 donors are officers and employees of the same Wall Street firms.
There's Goldman Sachs, UBS, AG and Lehman Brothers.
And there's Morgan Stanley, Credit Suisse and a hedge fund, Citadel Investment Group.
These giants, along with five corporate law firms, as of Feb. 1, contributed more than $2.5 million to the same Obama who claims that Washington lobbyists won't fund his campaign.
Why should they when their New York offices are taking such good care of him?
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