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Home Front: Politix
Barney Frank rakes in $40G from bailed out banks
2010-10-23
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.
Posted by:Fred

#6  Let's see...Barney Frank. I think the voters in his district deserve him. Unfortunately BF is a pox on the entire US with what he and Chris Dodd begat with the loosening of Freddie Mac and Fannie Mae. BF and Dodd will likely go down in history...assuming we have a history to go down into 20 years from now...as the major contributor to the demise of the US as a Superpower.
Posted by: anymouse   2010-10-23 15:55  

#5  The Troubled Asset Relief Program is a bit...troubling.
Posted by: Ebbang Uluque6305   2010-10-23 13:24  

#4  ...I believe he's more interested in Caribbean property.
Posted by: Procopius2k   2010-10-23 09:43  

#3  What - no cottage in Ireland?
Posted by: Pappy   2010-10-23 09:34  

#2  $ 40 K for 700 billion? That's a HELL of a return rate.
Posted by: Thing From Snowy Mountain   2010-10-23 01:31  

#1  Hey, the man kept his word, no money from the banks. The banksters, however, are a different source.
Posted by: Anguper Hupomosing9418   2010-10-23 00:41  

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