Monday, August 09, 2010

Representative Maxine Waters cannot be held responsible for saving a bank during the 2008 global financial collapse.

The law that was passed to 'bailout' the banks exempted anyone form being procecuted or held responsible in any way.  That is why Goldman got away with a fine and nothing more.  This is just about as ludicrous as it gets !  One United is a minority enterprise and I am sure everyone involved was scrambling to save homes and minority owners from foreclosure, especially after the news from Countrywide.  The charges need to be dropped.
The House Ethics Committee (click title to entry - thank you) says that even as the Los Angeles Democrat was warned against interceding on behalf of a bank with ties to her husband, her chief of staff was 'actively involved' in helping OneUnited....