Geee Posted September 20, 2010 Share Posted September 20, 2010 Big Government:New Maxine Waters and Barney Frank Scandal Documentsby Tom FittonRemember at the outset of the financial crisis when the government told us only “healthy banks” were going to receive bailout funds? Well apparently that requirement does not apply to banks with friends in high places.Judicial Watch received new documents from the U.S. Department of Treasury about the controversial $12 million bailout grant provided to Boston-based OneUnited Bank.We got the documents through a Freedom of Information Act (FOIA) lawsuit we filed against Treasury. Included are internal Treasury emails describing the substandard condition of OneUnited prior to the taxpayer funded bailout, which allegedly occurred at the behest of Reps. Maxine Waters and Barney Frank.Here’s what we found out in a nutshell: OneUnited Bank was in deep trouble due to incompetence and mismanagement. Government officials knew all about it. And yet, they bent the rules for Waters and Frank and “invested” taxpayer funds in the floundering enterprise. Link to comment Share on other sites More sharing options...
Argyle58 Posted September 20, 2010 Share Posted September 20, 2010 There's a first.....a Bawney Fwank scandal that involves a woman. Link to comment Share on other sites More sharing options...
Casino67 Posted September 20, 2010 Share Posted September 20, 2010 Nice couple. Could they both 'go down'? Link to comment Share on other sites More sharing options...
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