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To: day21221

ShoreBank’s Tangled Web
http://www.foxnews.com/story/0,2933,593343,00.html


4 posted on 06/04/2010 9:37:49 AM PDT by day21221
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To: day21221

Indeed, ShoreBank obtained $35 million in federal stimulus funds, then used Rep. Schakowsky, Sen. Dick Durbin (D-IL), and former president Bill Clinton to press Illinois authorities for another $100 million. Finally, unable to raise the necessary capital from a near-bankrupt state, ShoreBank was able to obtain apparently politically-brokered favors from Wall Street, with personal help from Goldman Sachs CEO Lloyd Blankfein.
http://biggovernment.com/jpollak/2010/05/25/rep-schakowsky-and-shorebank-new-evidence-of-conflict-of-interest/


7 posted on 06/04/2010 9:47:06 AM PDT by day21221
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