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Muddy Waters: Maxine Waters, Barney Frank abuse taxpayer $$
Slate ^ | Wednesday, Nov. 3, 2010, at 3:22 PM ET | Bethany McLean

Posted on 11/05/2010 2:06:26 PM PDT by bridgemanusa

On Nov. 29, Congresswoman Maxine Waters, D-Calif., will face a House ethics trial for the role she allegedly played in helping a minority-owned bank called OneUnited—a bank in which her husband owned a sizable stake and on whose board he'd once sat—get $12 million in the 2008 bank bailout. Had OneUnited failed, the ethics committee that brought the charges alleges, Waters' husband's "financial interest in OneUnited would have been worthless." The ethics committee alleges that Waters' chief of staff and grandson, Mikael Moore, was "actively involved" in helping OneUnited and that Waters' "failure to instruct [him] to refrain from assisting" the bank violated House rules. Waters has strongly denied the charges: "No benefit, no improper action, no failure to disclose, no one influenced: no case."

(Excerpt) Read more at ...

TOPICS: Business/Economy; Crime/Corruption; Government
KEYWORDS: bank; barney; corruption; democrats; frank; maxine; oneunited; tarp; waters
Great detailed article about Waters and Frank's involvement is yet another misuse of taxpayer $$. And these two fools just got reelected!!
1 posted on 11/05/2010 2:06:31 PM PDT by bridgemanusa
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To: bridgemanusa

Muddy Waters,sadly, died in ‘85 ,I think. He had nothing to do with this witch!

2 posted on 11/05/2010 2:32:41 PM PDT by Dr. Bogus Pachysandra ( Ya can't pick up a turd by the clean end!)
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To: bridgemanusa
Looking for the dems to try and end this investigation before the new Congress comes to town. The will censor her and she will be back in business, looking for the next money tree to enrich herself and others.
3 posted on 11/05/2010 2:46:22 PM PDT by rawhide
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To: Dr. Bogus Pachysandra
To paraphrase:

"Now the river's runnin' deep and wide...they're crossin' muddy waters..."


4 posted on 11/05/2010 3:31:08 PM PDT by nothingnew (I fear for my Republic due to marxist influence in our government. Open eyes/see)
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To: bridgemanusa
I have the dis-stink-tive privilege of having Maxine Polluted Waters as my representative.

Her very existence is an ongoing EPA violation.

5 posted on 11/05/2010 3:43:58 PM PDT by who_would_fardels_bear (These fragments I have shored against my ruins)
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To: bridgemanusa

She’s probably agreed to do it now while this crooked Congress is still there so she can take a walk.

6 posted on 11/05/2010 4:00:41 PM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: All
QUESTION Do her working class constituents know Maxine Waters used their tax dollars to help her and her husband's investment in OneUnited.

Do her working class constituents know that their tax dollars were used to finance a luxurious lifestyle for OneUnited bank chairman and CEO Kevin Cohee, including a Porsche and a mansion on the exclusive Pacific Coast Highway?

Cohee's high-flying perks came despite his having been charged in 2007 with felonies after his arrest on suspicion of possessing cocaine, crack cocaine and concentrated cannabis, according to the Los LA County DA's office. The case was dismissed the next year after Cohee completed a drug diversion program.

Cohee was also arrested in 2007 after a woman filed a complaint alleging that Cohee had forcibly sodomized her, according to public records. Prosecutors did not pursue the assault charge.

OneUnited Bank Chairman and CEO, Kevin Cohee
JD, Harvard Law School
Board Member, Boston Bank Of Commerce
Formerly with Salomon Bros, Inc.

I hear that, these days, Cohee has the affirmative action office of Harvard Law School on speed-dial.

7 posted on 11/06/2010 1:32:08 AM PDT by Liz (Nov 2 will be one more stitch in Obama's political shroud.)
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To: All
Academy award-worthy acting job.


8 posted on 11/06/2010 1:33:24 AM PDT by Liz (Nov 2 will be one more stitch in Obama's political shroud.)
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