Over at PJM today…
Rep. Maxine Waters (D-CA) was supposed to have faced trial for ethics violations last year, but the trial was suddenly delayed until after the November 2010 elections.
Waters stands accused of obtaining $12 million in TARP money for the bank OneUnited, on whose board her husband Sidney Williams once sat, and in which he owned more than $350,000 in stock. According to a story by the Washington Post in September of last year, Waters — together with Rep. Barney Frank, (D-MA) who was then the chairman of the House Financial Services Committee — changed a law and obtained the financing.
These people have no shame. Watch for more information about OneUnited and the people behind the bank as this develops.