Sunday
Aug212011
Maxine Waters Asks Bernanke About Matt Taibbi's 'Real Housewives On Wall Street' Ripoff Story On TALF, Taibbi Speaks With Eliot Spitzer (Congressional Video)
Unsurprisingly, Waters isn't particularly upset about Wall Street wives gaming the system and ripping off taxpayers. Rather her concern (as usual) is focused on why minorities were not allowed to game the system and rip off taxpayers. Except, they were. TALF had a special focus on minority participation. Hey, at least she's consistent.
The original must read story from Taibbi is here:
Matt Taibbi: The Real Housewives Of Wall Street: How Morgan Stanley Wives Christy Mack & Susan Karches Ripped Off Taxpayers In Geithner-Bernanke Bailout Scheme
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Video - Taibbi with CNN's Eliot Spitzer in April when his story was first published.
This video has not not been posted before. It's especially solid.
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http://www.boston.com/news/nation/articles/2011/07/19/rep_waters_wants_ethics_case_dismissed/
[snip]
Rep. Maxine Waters on Tuesday sought dismissal of House Ethics Committee allegations that she tried to obtain a federal bailout for a bank where her husband is an investor. Her lawyer said misconduct and partisanship in the committee made a fair ethics proceeding impossible.
That link no longer works. Read this for an update.
http://www.washingtonpost.com/politics/house-ethics-punts-waterss-ethics-case-to-outside-counsel/2011/07/29/gIQA7rbg4I_story.html