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Emanual was appointed to the Board of Directors of [[Freddie Mac]] by [[President William Jefferson Clinton]], shepherding the [[subprime lending]] abuses under the [[Community Reinvestment Act]]. [[Barack Obama]] appointed Emanuel as his first Chief of Staff. Emanuel resigned amidst charges of his involvement in Operation [[Fast and Furious]] and the [[Jobsgate]] scandal<ref>http://www.denverpost.com/ci_15213784</ref><ref>http://voices.washingtonpost.com/thefix/white-house/how-the-sestak-job-offer-becam.html</ref> reportedly to run for Mayor of Chicago and take control of the Chicago Democratic party machine.<ref>http://biggovernment.com/tfitton/2010/10/14/is-scandal-ridden-rahmbo-chicagos-next-mayor/</ref>
 
Emanual was appointed to the Board of Directors of [[Freddie Mac]] by [[President William Jefferson Clinton]], shepherding the [[subprime lending]] abuses under the [[Community Reinvestment Act]]. [[Barack Obama]] appointed Emanuel as his first Chief of Staff. Emanuel resigned amidst charges of his involvement in Operation [[Fast and Furious]] and the [[Jobsgate]] scandal<ref>http://www.denverpost.com/ci_15213784</ref><ref>http://voices.washingtonpost.com/thefix/white-house/how-the-sestak-job-offer-becam.html</ref> reportedly to run for Mayor of Chicago and take control of the Chicago Democratic party machine.<ref>http://biggovernment.com/tfitton/2010/10/14/is-scandal-ridden-rahmbo-chicagos-next-mayor/</ref>
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Illustrating Emanuel's penchant for exploiting crises for political gain, he remarked, "A crisis is a terrible thing to waste."<ref>[http://www.youtube.com/watch?v=1yeA_kHHLow Rahm Emanuel] YouTube- you never want a serious crisis video</ref><ref>[http://online.wsj.com/article/SB122721278056345271.html?mod=googlenews_wsj]</ref>
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Illustrating Emanuel's penchant for exploiting crises for political gain, he remarked, "A crisis is a terrible thing to waste."<ref>[https://www.youtube.com/watch?v=1yeA_kHHLow Rahm Emanuel] YouTube- you never want a serious crisis video</ref><ref>[http://online.wsj.com/article/SB122721278056345271.html?mod=googlenews_wsj]</ref>
    
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