Wednesday, July 01, 2009

Name that party!

Funny how the article leaves out party identification;
After Call From Senator's Office, Small Hawaii Bank Got U.S. Aid

By Paul Kiel and Binyamin Appelbaum
ProPublica and Washington Post Staff Writer
Wednesday, July 1, 2009


Sen. Daniel K. Inouye's staff contacted federal regulators last fall to ask about the bailout application of an ailing Hawaii bank that he had helped to establish and where he has invested the bulk of his personal wealth.

The bank, Central Pacific Financial, was an unlikely candidate for a program designed by the Treasury Department to bolster healthy banks. The firm's losses were depleting its capital reserves. Its primary regulator, the Federal Deposit Insurance Corp., already had decided that it didn't meet the criteria for receiving a favorable recommendation and had forwarded the application to a council that reviewed marginal cases, according to agency documents.

Two weeks after the inquiry from Inouye's office, Central Pacific announced that the Treasury would inject $135 million.



4 comments:

  1. Anonymous8:02 AM

    Funny how Fox repeatedly purposefully MISSTATES the party identification of embarrassing Republicans like Mark Foley and Governor Sanford. I see you're still stokin' the hate in here real good. Keep up the good work, as marginalized as your views are!

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  2. All you can do is site two examples? For every 1 you give me I can give you 10 instances when Dems are not identified and party id of Republicans are prominent.

    Since when was Mark Sanford identified as a Dem? And at least they tried to id the party, Dems are never even referenced as any party at all!

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  3. Anonymous9:56 AM

    "Dems are never even referenced as any party at all?" Jesus, I want to smoke what you're having. That's so ludicrous you can't believe that yourself. For instance, google "mark sanford fox democrat", and there you go.

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  4. Well...never is a strong word. Almost always never referenced is more accurate.

    ReplyDelete