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  • Barney Frank rakes in $40G from bailed out banks

    10/22/2010 4:11:22 AM PDT · by GQuagmire · 12 replies
    Boston Herald ^ | October 22, 2010 | Dave Wedge
    U.S. Rep. Barney Frank, in an intensifying clash with GOP upstart Sean Bielat, has pledged not to take campaign cash from lenders that got federal bailouts — yet has raked in more than $40,000 from bank execs and special interests connected to the staggering government loans, a Herald review found. Frank vowed in February 2009 that he wouldn’t accept campaign donations from banks that received money under the $700 billion Troubled Asset Relief Program (TARP) or political action committees tied to such institutions. But Frank has hauled in thousands from top execs at Bank of America, Citizens Bank, Wainwright Bank,...