Rep. Eric Cantor (R-VA): Mr. No Bailouts!
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"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."
Olga Pierce, Pro Publica
1 Comments:
Yet another example of cronyism- looking out for themselves to the peril of the rest of us. Wouldn't it be great if Congress was comprised of thinkers and scientists and not just greedy puppets willing to prostitute our constitution for a few leveraged bucks?
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