Dem Leaders Block Probe of ShoreBank- Inquiring Minds Want to Know Why

big government ^ | 8/4/10 | Central Illinois 9/12 Project

[Nachum]

The Central Illinois 9/12 Project became the first to expose — beginning this past March on BigGovernment.com – Shorebank’s extensive green and microfinancing agendas, in anticipation of that bank’s impending bailout. Shorebank, a Chicago-based, community investment bank, is focused on domestic and foreign microfinancing, is heavily engaged in the financing of “green” projects and “green” jobs, and has a host of ties to the Obama and Clinton administrations. The Central Illinois 9/12 Project has most recently highlighted the bank seeking and obtaining funds from larger banks–such as Chase, Banks of America, and Goldman Sachs — to secure the necessary funding to remain viable.

[Nachum]

Madison Guarantee's midwestern branch

[US Navy Vet]

Glenn Beck calls “Shorebank” “Just a “Good” Local Bank” and then proceeds to fill an entire chalk board with lines from “Shorebank” to just about EVERY leftist org that you can think of.

[OneWingedShark]

Shorebank, a Chicago-based, community investment bank, is focused on domestic and foreign microfinancing, is heavily engaged in the financing of “green” projects and “green” jobs, and has a host of ties to the Obama and Clinton administrations.

I wouldn't be surprised if:

1. Domestic Microfinancing = Money Laundering
2. Foreign Microfinancing = Money Smuggling, esp as involves foreign donations to public official's election campaign funds.
3. Financing of “green” projects = Monetary backing for "acquiring" patents that will become profitable once the appropriate 'laws' are deemed to have passed.
4. Financing of “green” jobs = Monetary backing for "Carbon Exchanges."

[Servant of the Cross]

Beck: Shore Bank Exposure Part 1/4

Beck: Shore Bank Exposure Part 2/4

Beck: Shore Bank Exposure Part 3/4

Beck: Shore Bank Exposure Part 4/4

[CPT Clay]

hmmm

[mo]

“...Microcredit is a subject that is very near and dear to my heart, and is still in my view one of the great opportunities to bring to scale the poverty reduction agenda that many of us share...I became involved with microcredit more than 20 years ago and I am as convinced today as I was then that we have only just begun to realize its potential.” - Hillary Rodham Clinton

http://www.microcreditsummit.org/enews/2003-03_speech.html

[Nachum]

Very interesting.

[KeyLargo]

Charlie Gasparino

- FOXBusiness

- August 04, 2010
Feds Looking into ShoreBank Connections

As if ShoreBank doesn’t have enough problems, the financially troubled but politically connected Chicago-based community lender is now facing a federal investigation into whether political pressure was applied to force several major Wall Street firms to bail out the bank before it was liquidated by banking regulators, FOX Business has learned.

http://www.foxbusiness.com/markets/2010/08/04/feds-looking-shorebank-connections/