ShoreBank co-founder Jan Piercy was a Wellesley College roommate of Hillary Clinton’s, who has long supported the bank along with former president Bill Clinton.
Former ShoreBank vice chairman Bob Nash worked for Mrs. Clinton’s presidential bid as deputy campaign manager. Board of directors member Howard Stanback is a Hyde Park neighborhood pal of President Obama, and served with Stanback on the board of the radical Woods Fund (where Weather Underground terrorist Bill Ayers also sat).
http://www.nationalreview.com/articles/229805/shady-shorebank-bailout/michelle-malkin
FYI ping.
ShoreBank is politically connected to both Bill and Hillary Clinton and Michelle and Barack Obama.
the second part of the sidebar, which notes (favorably) Obama’s connection to Saul Alinsky:
The first social shareholder proxy initiative was organized by the iconic Chicago-based community organizer Saul Alinsky against Eastman Kodak in the late 1960s. Alinsky died in 1972. Barack arrived in Chicago 13 years later to work with the Developing Communities Project, an offshoot of Alinsky’s network, a context which must have made him conversant with proxy voting strategies.
http://www.verumserum.com/?p=14805
the motto that was Shorebank – that is still the unspoken motto of U.P.B. ?
Building an inclusive global financial system
Check out this article just posted today. It mentions the ShoreBank scandal.
http://theulstermanreport.com/2012/01/24/wall-street-insider-california/