SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (578924)7/31/2010 9:53:16 PM
From: Brumar891 Recommendation  Read Replies (1) | Respond to of 1573920
 
Why did Obama say he should end his career in dignity?

Message 26722981

Why is Z and tejek so down on Rangel?

Message 26703689
siliconinvestor.com
Message 26706233
Message 26713279



To: bentway who wrote (578924)7/31/2010 10:05:43 PM
From: jlallen2 Recommendations  Respond to of 1573920
 
Shitbag:

Given Rangel's position.....your post is one dumb statement....



To: bentway who wrote (578924)7/31/2010 10:45:01 PM
From: longnshort  Read Replies (1) | Respond to of 1573920
 
The issue with Ms. Waters first came to light in early 2009 when The Wall Street Journal and the New York Times published stories noting that OneUnited Bank had received $12 million in federal funding in the fall of 2008 under the government's Troubled Asset Relief Program after Ms. Waters helped arrange a meeting between senior bank officials and the Treasury Department.

At one point, Ms. Waters and her husband were large shareholders in the bank, owning a total of somewhere between $500,000 and $1 million in stock, according to Ms. Waters' annual financial-disclosure statement. Ms. Waters' husband at one point was a OneUnited Bank director.

Ms. Waters later sold her shares.

In 2008, when Ms. Waters sought to help the bank, her husband owned stock in the bank worth between $100,000 and $250,000, according to her disclosure report. He had stepped down as a director the previous spring.

Ms. Waters said she did nothing improper and that her efforts were intended to aid minority-owned banks.

"I have been an outspoken advocate for minority communities and businesses in California and nationally for decades," Ms. Waters said in a statement at the time of the news stories. "These articles only revealed one thing: I am indeed an advocate for minority banks."

A spokesman for Ms. Waters didn't return requests for comment.

Write to Brody Mullins at brody.mullins@wsj.com