Johnson quits as Obama vice presidential vetter.

WASHINGTON–Once news surfaced that former Fannie Mae chief Jim Johnson got a sweetheart mortgage deal from Countrywide Financial–Johnson’s days were numbers as the Obama campaign’s top vice presidential vetter.

Presumptive Democratic nominee Sen.Barack Obama (D-Ill.)–who at first downplayed any inquiries about the appointment of Johnson–accepted Johnson’s resignation on Wednesday afternoon. Appointing Johnson in the first place–the ultimate Washington insider–was a rare Obama campaign mistake.

In a statement, Obama said, Jim did not want to distract in any way from the very important task of gathering information about my vice presidential nominee, so he has made a decision to step aside that I accept. We have a very good selection process underway, and I am confident that it will produce a number of highly qualified candidates for me to choose from in the weeks ahead. I remain grateful to Jim for his service and his efforts in this process.”

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