Maxine Waters [D]
From the moment Boston-based OneUnited Bank began seeking a federal bailout in the summer of 2008, it received special treatment that went beyond what the Treasury Department or the bank and its political supporters have previously disclosed.
Congress adjusted the law and regulators broke with customary practices, despite an explicit internal warning that the bank was in financial trouble. Among other exceptions, the bank was allowed to count as part of its capital $12 million in federal bailout money – before the aid arrived.
OneUnited was the only bank to receive all of these considerations among the 707 recipients of money from the Troubled Assets Relief Program, according to documents and interviews.
Answer by sopranomommy at 9:16 PM on Sep. 17, 2010
Answer by UpSheRises at 2:13 PM on Sep. 17, 2010
Answer by coder_chick at 2:09 PM on Sep. 17, 2010
Answer by gdiamante at 3:03 PM on Sep. 17, 2010
Answer by coder_chick at 2:12 PM on Sep. 17, 2010
Answer by itsmesteph11 at 3:11 PM on Sep. 17, 2010
If her actions didn't effect people nationally I would say that her constituents should have the final word. If they are too stupid to vote her out, they deserve what they get. The rest of us, however, shouldn't have to be subjected to her idiocy and corruption. Just like any other crooked politician (R or D).
Oh, and she had no intention of 'draining the swamp'. Nor did this administration mean transparency in reference to their administration, just the last one.
Answer by QuinnMae at 4:50 PM on Sep. 17, 2010
Answer by agentwanda at 6:19 PM on Sep. 17, 2010