Posted on 03/14/2009 4:37:46 AM PDT by kellynla
(snip)
This week, the Wall Street Journal and the New York Times reported that Waters used her access as a senior member of the latter committee to arrange two meetings between officials of the Treasury Department and a group of banks owned by African Americans
Ostensibly, the bankers wanted to talk because their institutions had been hard hit by the implosion of Freddie Mac and Fannie Mae. According to the New York Times, though, Kevin Cohee -- chief executive of OneUnited Bank -- took the opportunity to plead for a $50-million bailout of his institution.
"Here you had a tiny community bank that comes in and they are not proposing a broader policy -- they were asking for help for themselves," former Treasury aide Stephen Lineberry told the Times. "I don't remember that ever happening before."
Officials told both papers that they were even more taken aback when they discovered that Waters' husband, Sidney Williams -- a U.S. ambassador to the Bahamas under President Clinton -- was a former director of One- United Bank, that she herself had once owned as much as $500,000 worth of its stock and that her husband still holds two blocks of its securities, each valued somewhere between $250,000 and $500,000. Waters had arranged the meetings without disclosing any of these facts.
Whoops.
(Excerpt) Read more at latimes.com ...
TERM LIMITS NOW!!!
This week, the Wall Street Journal and the New York Times reported that Waters used her access as a senior member of the latter committee to arrange two meetings between officials of the Treasury Department and a group of banks owned by African Americans
If Waters were a Republican she’d be toast. As a Dummy, this won’t even get page 30 in the NYT.
So Madoff and Ken Lay do perp walks, with libtards writing in to Huffington Post hoping they get raped in prison—but Maxine and Chris Dodd and Franklin Raines and Bawney Fwank are free and still working to enrich themselves and ruin our country. Nice.
(I’m aware of the irony of the juxtaposition above—the “raped in prison” thing and Bawney Fwank’s name—he’d probably consider that scenario a Club Med vacation...)
Not if they want to stay in one piece.
Just like Bernie Maddof allegedly swindled billions.
No baliout, no peace!
Thanks for your input!
Contrary to the self-appointed “Posting Police”, there are those who don’t spend their ever-waking-moment on FR and there are issues & news that many are not aware of.
Have a good Saturday all!
It’s March Madness!
Go Tigers! (MEM)
Frank Raines not Ramey. SORRY
She is my gerrymandered Rep, Three Five Zero Zero
Some issues need multiple postings to inform more of us.
Thanks for posting this thread on this fascist Klingon of color.
I didn’t see the other postings.
One- United Bank, that she herself had once owned as much as $500,000 worth of its stock,First question where did she get that much money and how????
I get a little tired of the self-appointed “Posting Police” ‘round here who have nothing else to do with their time but sit in front of their pc every waking moment of the day being a royal pain the ass. LOL
so would waterboarding these Congressional scumbags
“I get a little tired of the self-appointed “Posting Police” ‘round here who have nothing else to do with their time but sit in front of their pc every waking moment of the day being a royal pain the ass. LOL”
Then when you go to the earlier posting, often there are not many replies. Or the thread died withing 12-24 hours after it was posted.
Hell, even as retired old goat, I have more of a life than to sit in front of my computer screen and read and memorize every post on FR. I depend on people like you to ping me or find something that may be of interest and then post it.
Happy Sunday, Dave!
It's MARCH MADNESS.LOL
Go Tigers!(MEM)
Cripes the chronically unhappy should give it up and become liberals.
A couple of decades ago at age 50 I decided to ignore those not worth considering.
Two decades later, my standards are even higher. I doubt if I have missed anything of value in those 2 decades.
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