It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
(visit the link for the full news article)
Controversy continues to swirl around the Obama administration’s bailout of the politically connected community lender ShoreBank, with new calls for an investigation into how the bank was able to secure tens of millions of dollars in Wall Street cash to stay alive, FOX Business has learned...
...Several executives at the banks told FOX Business that they received some political pressure from administration officials to contribute the money, which when combined with government bailout funds
Originally posted by chise61
Obama got this bank to donate a million dollars to Kenya. They financed a loan to Trinity United Church of Christ (Jeremiah Wright’s church). Van Jones, is an account holder at ShoreBank. Obama's mother, worked for Tim Giether's Father Peter Geither at the Ford Foundation. Ford Foundation is partnered with Fannie Mae and Freddie Mac. Obama served on the Woods Fund board along with Board Chairman Howard Stanback, who is currently head of Shorebank’s Neighborhood Institute.
OBama is nothing more than another crooked Chicago politician trying to get untangled from his own web.
Originally posted by airspoon
I'm curious as to what the connection is between Obama and ShoreBank. Could it just be political favors or is their something more deep and entrenched?