and the bank's executives were major contributors to her campaigns. In
September 2008, Waters arranged meetings between U.S. Treasury
Department officials and OneUnited Bank, so that the bank could plead
for federal cash. It had been heavily invested in Freddie Mac and
Fannie Mae, and its capital was "all but wiped out" after the U.S.
government took them over. The bank received $12 million in Troubled
Asset Relief Program (TARP) money. The matter is currently being
investigated by the House Ethics Committee.
Waters' relatives had made more than $1 million during the preceding
eight years by doing business with companies, candidates and causes
that Waters had helped. They claimed she and her husband helped a
company get government bond business, and her daughter Karen Waters
and son Edward Waters have profited from her connections.
On Aug 22, 12:08 pm, Sage2 <wisdom...@gmail.com> wrote:
> Maxine Waters ( D ) told a crowd of supporters that The Tea Party
> grass root movement can go to hell as far as she was concerned. No "
> civility " at all from Maxie who's been to hell and back several times
> over on her liberal ventures. Had a caucus with the Devil and his
> angels I'm told. Ha! Ha!
--
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