Desperate Barney Frank Turns To Bailed Out Banks
Oct 25, 2010 at 12:02 AM
DailyBail in Bank Bailouts, bank bailouts, banks, banks, barney frank, barney frank, elections, sean bielat

Could Barney Frank lose to former Marine Sean Bielat.  Ask Kennedy's ghost, or Scott Brown's daughter.  The 15-term Congressman is getting nervous.

---

From the Boston Herald:

Despite vow, Barney Frank rakes in $40G from bailed out banks

U.S. Rep. Barney Frank, in an intensifying clash with GOP upstart Sean Bielat, has pledged not to take campaign cash from lenders that got federal bailouts — yet has raked in more than $40,000 from bank execs and special interests connected to the staggering government loans, a Herald review found.

Frank vowed in February 2009 that he wouldn’t accept campaign donations from banks that received money under the $700 billion Troubled Asset Relief Program (TARP) or political action committees tied to such institutions.

But Frank has hauled in thousands from top execs at Bank of America, Citizens Bank, Wainwright Bank, JP Morgan Chase and other institutions that received billions in TARP money.

Just yesterday, Frank made new campaign finance disclosures showing he received $17,000 from top executives of Bank of America — including $2,000 from CEO Brian Moynihan. B of A received $45 billion in bailout money. In all, Frank has hauled in at least $27,000 since 2009 from bank execs — and $13,000 from PACs — connected to banks that received TARP funding, including:

##

Video:  Bielat and Barney debate last week...

Topics of this clip are the tea party, government spending and deficits.

---

     Email to a Friend

---

 

Background:

 

 

Subscribe to RSS headline updates from:
Powered by FeedBurner

 

Article originally appeared on The Daily Bail (http://dailybail.com/).
See website for complete article licensing information.