
The Washington Post has an interesting look today at Kevin L. Cohee, the CEO of OneUnited, the bank at the center of ethics allegations against Rep. Maxine Waters (D-CA).
Waters is charged with acting improperly by helping the bank, in the midst of the financial crisis, while her husband held hundreds of thousands of dollars in stock in the bank. She denies doing anything wrong.
According to the Post, Waters had helped Cohee in the past, intervening in 2002 with the governor so Cohee could buy the bank that became OneUnited.
PERMALINK | COMMENTS (4) | RECOMMEND RECOMMEND (0)Yesterday, the House ethics committee announced it is forming a special subcommittee to investigate Rep. Maxine Waters (D-CA) in a case involving the bailout and a bank in which her husband had a stake.
This is separate from the leaked ethics document, and the committee is taking it more seriously than many of the already-dismissed cases outlined in that document. So what is Waters, a ten-term representative and the second ranking Dem on the House Financial Services Committee, accused of?
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