JUICE: After Call From Senator’s Office, Small Hawaii Bank Got U.S. Aid….
Instapundit —
JUICE: After Call From Senator’s Office, Small Hawaii Bank Got U.S. Aid.
Shocker: Democrat Senator Got Bank He Founded/Is Invested In A Nice, Fat Federal Bailout
Say Anything —
... . It’s the political elites world. We have to get their permission to live in it. ...
It ain’t what you know in DC
Hot Air » Top Picks —
... the federal government and with the network of lobbyists and contributors. Those people cling to those who hold the pursestrings, directly or indirectly, in the hopes of winning cash from big government expenditures. In return, they work to keep friendly incumbents in power for as long as possible, to keep the cash cow milking. The latest example of this kind of corruption comes, not surprisingly, from the massive bank bailouts — and Senator Daniel Inouye is the latest politician pulling strings on behalf of … well, himself: Sen. Daniel K. Inouye’s staff contacted federal ...
Congressional Bailout Corruption Strikes Again
The Sundries Shack —
Culture of Corruption? Why, whatever on Earth could you be talking about ? Sen. Daniel K. Inouye’s staff contacted federal regulators last fall to ask about the bailout application of an ailing Hawaii bank that he had helped to establish and where he has invested the bulk of his personal wealth. The bank, Central Pacific Financial, was an unlikely candidate for a program designed by the Treasury Department to bolster healthy banks. The firm’s losses were depleting its capital reserves. Its primary regulator, the Federal Deposit Insurance Corp., already had decided that it ...
