Jim Johnson
is a Democratic Party political figure and businessman| Religion: | |
| Party: | Democratic |
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Jim Johnson was the campaign manager for Walter Mondale's 1984 presidential bid. He was a member of the vice presidential selection process for John Kerry in 2004 and Barack Obama in 2008.
Jim Johnson's News
- McCain says Fed should stop government bailouts
- Countrywide revelations muddle housing rescue
- Sen. Conrad donates money over loan deal
- Sens. Dodd, Conrad tied to special mortgage deals
- Caroline Kennedy brings discretion to veep search
Background
- B.A., University of Minnesota.
- Master of Public Policy, Woodrow Wilson School at Princeton University.
- Received honorary degrees from Howard University, Skidmore College, Augsburg College and the University of Minnesota.
- Johnson started his career teaching at Princeton University before working as a staffer in the United States Senate. He later took a position with the Dayton-Hudson Corporation (now Target Corp.) as director of public affairs.
- Johnson has been the director of Lehman Brothers, Vice-Chair of Fannie Mae, and the vice chair of the private banking firm Perseus LLC. He also serves as a board member for several corporations.
- On 4 June 2008, Senator Barack Obama announced the formation of a three vice presidential vetting committee which would include Johnson. On 11 June 2008, Johnson resigned from the team after questions about his home mortgage deals became a distraction for a candidate who argues he's not influenced by special interests (Source: AP).
Professional Positions
- Executive assistant to Vice President Walter Mondale from (1977-1981).
- Founder of Public Strategies, a private consulting firm, and CEO from 1981 to 1985.
- Managing director at Lehman Brothers (1985-1990).
- Vice chairman of the Federal National Mortgage Association (Fannie Mae) (1990-1991).
- Chairman and chief executive officer of Fannie Mae (1991-1998).
- Chairman of the Kennedy Center for the Arts (1996-2004) and the Brookings Institution (1994-2003).
- Vice chairman of Perseus LLC, 2001-2008.
- Johnson is also a board member at Goldman Sachs, Gannett Company, Inc., KB Home, Target Corporation, Temple-Inland, and United Health Group.
Accomplishments
Have something to add here? Please edit this page!Criticism
- Jim Johnson was criticized for receiving loans directly from Angelo Mozilo, the CEO of Countrywide Financial, a company implicated in the U.S. subprime mortgage lending crisis (Source: USA Today). Johnson has not been accused of any wrongdoing but made the decision to step down from Barack Obama's vice presidential vetting team to avoid becoming a distraction to Obama's campaign (Source: AP).
Additional Information
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bethany edited the Jim Johnson overview page |
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bethany edited the Jim Johnson overview page |
Affiliations (add more)
President and Chief Executive OfficerFederal National Mortgage Association (Fannie Mae)
Mortgage Companies
The Federal National Mortgage Association (FNMA or Fannie Mae) is a U.S. government sponsored enterprise that makes loans and loan guarantees to expand affordable housing and bring global capital to communities in order to serve the U.S. housing market.
MemberGoldman Sachs
Investment Banking
One of the premier investment banking and management firms in the world, Goldman Sachs provides investment and management services to corporations, financial institutions, governments, and high-net worth clients.
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