Barack Obama is Looking for a New Leader of his VP Search Team

June 12, 2008

Presumptive Democratic nominee Barack Obama is looking for a new person to help him pick a Vice Presidential running mate

James Johnson is no longer manager of Obama's vice presidential search team because of questions about Johnson's personal loans.

Johnson is the former chairman of mortgage lender Fannie Mae, and he received loans with the help from the CEO of Countrywide Financial.

Countrywide is now under federal investigation for its involvement in the sub-prime mortgage crisis.

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