COURTESY OF FREEPER POTLATCH
(That's Alexi in the cello case.)
Posted on 08/05/2010 8:28:53 AM PDT by yoe
Big Government publicized the investigative work of Chicago’s 9-12 Project regarding Shorebank Corporation beginning in April, 2010 and again on May 20th. To further expose the corruption surrounding this bank, Glenn Beck has done further investigation and is tying the bank to radicals in government, government officials, specific groups, individuals, and major companies and banks in what he has dubbed “Crime Inc. “
Recent news organizations have reported that Shorebank needed a bailout, but they weren’t available for TARP funds because they didn’t meet the criteria. They have called on their “friends” for additional cash so they might be eligible for TARP funds. Like other left-leaning, democratic organizations, this bank appears to have many tentacles. Questions arise as to their operations and why they are not being closed by the FDIC for poor management or other regulations. What is it that makes Shorebank so important that they aren’t being allowed to fail? Shorebank was the recipient of Stimulus Funds in the amount of $35 million, yet they need more money less than a year later. One also must question why major “bailed out” corporations like Bank of America and J.P. Morgan Chase are being called on to “save” this bank. The “Bailed Out” are now involved in “Bailing Out?”
Most peculiar is how Shorebank’s logo and motto resemble Obama’s colors in his logos and his pre-election mantra. Their motto, “Let’s Change the World.” Creepy, and telling.
What is the story? Who are the people behind Shorebank and its other entities that are now seem operating both nationally and internationally? Below are the articles from the 9-12 Chicago Project. Those at the 9-12 Chicago Project are to be commended for their work and for exposing what appears to be another organized criminal organization.
(Excerpt) Read more at wtpotus.wordpress.com ...
A small bank in Chicago called SHOREBANK almost went bankrupt during the recession. The bank made a profit on its foreign micro-loans (see below) but had lost money in sub-prime mortgages in the US It was facing likely closure by federal regulators. However, because the bank's executives were well connected with members of the Obama Administration, a private rescue bailout was arranged. The bank's employees had donated money to Obama's Senate campaign. In other words, ShoreBank was too politically connected to be allowed to go under.
Shorebank is not just any bank - Beck has connected dots for you...Bloomburg cannot be posted on FR...this story is NEWs - follow the bouncing ball.......The Joyce Foundation; CHICAGO CLIMATE EXCHANGE, known as CXX.: Woods Foundation/Bill Ayers& Obama......
I remember seeing where they gave Reverend Wright a multimillion dollar line of credit, and paid for his house.
A truly criminal outfit. And Hussein & Co are knee deep in its disgraceful and corrupt dealings.
I wish that Obama’s constitutents cared about corruption but I think that they just want some of the spoils for themselves.
fyi
COURTESY OF FREEPER POTLATCH
(That's Alexi in the cello case.)
Love it!
Hopefully, Potlatch will be updating/removing more thugs and criminals from her lineup before and after our November election.
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