:: Jan. 23 - A bank which received bailout money, employs the wife of House Republican Whip Eric Cantor. Bolding is mine. From PROPUBLICA:
House Republican Whip Eric Cantor [1], a rising star in the Republican party, has been a prominent voice demanding accountability in how the government doles out hundreds of billions for bank bailouts.
This Thursday, Cantor cast a high-profile vote opposing release of another $350 billion in bailout funds. Unpublicized until now was a recent development: The Treasury Department used $267 million of taxpayer funds to buy preferred stock in a private banking company that employs Cantor's wife.
The bailout for New York Private Bank and Trust (NYPBT) [2] came earlier this month as part of a Treasury Department program to boost "healthy banks" with extra capital. NYPBT is the holding company for Emigrant Bank [3], a savings bank with 35 branches in and around New York City. Diana Cantor runs the Virginia branch of Emigrant's wealth-management division, called Virginia Private Bank & Trust, which targets an ultra-rich clientele.
Hmm...and where exactly is your accountability re this direct conflict of interest, Mr. Cantor?
Mark Wilson/Getty Images.
House Republican Whip Eric Cantor [1], a rising star in the Republican party, has been a prominent voice demanding accountability in how the government doles out hundreds of billions for bank bailouts.
My reasons for writing this post are solely to encourage you, and to arm you. I am compelled to do so not only by the events of the past eight years, but by what has been revealed in Keith Olbermann's interview with former National Security Agency analyst, 














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