Posted on 03/13/2009 9:47:32 AM PDT by ElKafir
Waters Helped Bank Whose Stock She Owned
California Democrat Has Championed Minority-Owned One United on Capitol Hill and Criticized Its Government Regulators
By SUSAN SCHMIDT
WASHINGTON -- When Rep. Barney Frank was looking to aid a Boston-based lender last fall, the Massachusetts Democrat urged Maxine Waters, a colleague on the House Financial Services Committee, to "stay out of it," he says.
The reason: Ms. Waters, a longtime congresswoman from California, had close ties to the minority-owned institution, OneUnited Bank. Read on
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