Waters' husband is a stockholder and former director of OneUnited Bank 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 <[email protected]> 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! -- Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.
