Sunday, February 22, 2009

Those Silly Republicans?

I'm SURE that there was no intent to help out anyone in Eric Cantor's family - it was all just a coincidence and we KNOW that we can always take the Republicans at their word.

WASHINGTON — A bank that employs the wife of Rep. Eric I. Cantor, R-Va., benefited from the $700 billion Wall Street bailout that Cantor helped steer through Congress last fall.

Diana F. Cantor runs a Virginia-based subsidiary of New York Private Bank and Trust. The New York bank received $267.2 million from the U.S. Treasury’s Troubled Asset Relief Program Jan. 9.

A spokesman for New York Private Bank and Trust told ProPublica, an investigative journalism Web site that first reported the relationship, Diana Cantor was “never aware that the parent bank was seeking or received [bailout] funding.” A spokesman for the New York bank declined to comment for this report.

From The Star Exponent

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