"Some of our employees did not do the right thing," Arnall said. "When we found out, they were let go and action was taken so it wouldn't happen again." A major financial contributor to Bush and scores of other politicians, Arnall was confirmed as ambassador in February 2006 after Ameriquest agreed to pay $325 million to settle allegations of unfair lending practices by 49 states and the District of Columbia.
Full Article at Los Angeles Times