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Why hasn't the news of Eric Cantor's wife benefiting from the bank bailout

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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-17-09 10:46 PM
Original message
Why hasn't the news of Eric Cantor's wife benefiting from the bank bailout
Been front page here and in the MSM instead of being BURIED on the pages of a small Virginia newspaper? What the hell is going on here, and WHY HASN'T our side jammed this down this douche bag's throat????? And only now Keith is discussing this?????

Employer of Cantor’s wife benefited from bailout

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 funding.” A spokesman for the New York bank declined to comment for this report.

Diana Cantor, the managing director of the subsidiary, Virginia Private Bank and Trust, did not return a phone call seeking comment Monday. She also serves on Media General’s board of directors.

Through a spokesman, Eric Cantor declined to comment. Rob Collins, the congressman’s deputy chief of staff, called the government investment in the parent company of his wife’s bank “a freak coincidence” and said the congressman did nothing to facilitate it.

Cantor first learned the bank received the money when his wife emailed him a Jan. 16 article in American Banker, Collins said.

“It’s not like she’s lobbying for the industry,” Collins said. “She has no clue what’s going on up in New York.”

Hundreds of banks, financial institutions and auto companies have received funding from the Treasury program.

The $267.2 million given to New York Private Bank and Trust is almost nine times the median amount received by companies participating in the program, a Media General News Service analysis of Treasury records found.

In the American Banker article, New York Private Bank and Trust chairman and CEO Howard P. Milstein said he changed the bank’s tax structure to make it eligible for the bailout.



http://www.starexponent.com/cse/news/local/article/employer_of_cantors_wife_benefited_from_bailout1/28696/

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bdamomma Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-17-09 10:48 PM
Response to Original message
1. money hungry SOB's
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madinmaryland Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-17-09 10:48 PM
Response to Original message
2. Corporate News Networks. K&R
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Hello_Kitty Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-17-09 10:52 PM
Response to Original message
3. She's a "managing director" and is unaware of it? WTF??
What, she assumes that recent funding for the bank she is an executive of comes from...fairy dust??
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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-17-09 10:56 PM
Response to Reply #3
4. Yup, the 'media' made sure that this story was buried.
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Metta Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-17-09 10:56 PM
Response to Original message
5. It was all over Olbermann tonight.
I thought he got a lot of info out.
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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-17-09 10:58 PM
Response to Reply #5
7. Published: January 27, 2009 (originally)
20+ days? I am glad Keith caught my attention.......Otherwise, what would have happened? I blame our Party for not jumping on stories like this.
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Metta Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-17-09 11:04 PM
Response to Reply #7
10. Yes, Dems are still spineless, short sighted and self serving.
They should take their lessons from Dennis K., Peter DeFazio and Bernie Sanders.
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Berry Cool Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-18-09 07:35 AM
Response to Reply #7
18. Give Keith a break. He was at the Super Bowl celebrating his 50th birthday then.
He's just now catching up.
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snowbear Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-17-09 11:03 PM
Response to Reply #5
8. I know... when I saw that, I thought ... "Sheesh, that was on DU weeks ago!!!"
.
.

The MSM could learn a LOT from reading DU!


-
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opihimoimoi Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-17-09 10:58 PM
Response to Original message
6. TYP GOP...they never know shit....what???
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4 t 4 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-17-09 11:06 PM
Response to Reply #6
11. Do you remember Eric
being front and center with hank during the bank bail out ? I do. He was behind Hank for the whole what ten days smiling, smiling and smiling so more. I remember thinking I didn't like him because he was too happy about the bail out and it was a terrible event, that it had come to that need of so much money but he was so happy. I will find vedio coverage if you don't believe
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opihimoimoi Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-17-09 11:14 PM
Response to Reply #11
13. His wife benefited,,,that makes him EVIL....he knew all along his ole ladies bank was gonna get big
bucks.....typ PUB....
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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-18-09 03:31 PM
Response to Reply #13
22. He's evil because he IS a Puke.
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arcadian Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-17-09 11:04 PM
Response to Original message
9. Cantor has a special relationship with the Richmond Times Dispatch
I saw him getting all chummy with a the Times Dispatch political reporter, his name is Shapiro, before a McCain fundraiser in Richmond last summer.
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-17-09 11:09 PM
Response to Original message
12. imagine if it was harry reid's wife? or god forbid, arlen specter's wife?
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MrPerson Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-17-09 11:23 PM
Response to Original message
14. What is an Eric Cantor?
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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-17-09 11:26 PM
Response to Reply #14
15. A Repuke nut-job in the worst image of Tom DeLay
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opihimoimoi Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-18-09 01:13 AM
Response to Reply #15
16. He is everything you tell your kids not to be.....a Lousy Human at best...
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rvablue Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-18-09 04:00 PM
Response to Reply #14
23. One of Jack Abramoff's BFF's .....add to that: an obstructionist dimwit panderer. n/t
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-18-09 07:33 AM
Response to Original message
17. K&R. They don't want the public
to know? Seems pretty straight forward to me. If it was a Democrat it would be headlines and repeated every 20 minutes on CNN. Again, the problem is the media. This is our greatest challenge.
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KharmaTrain Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-18-09 07:39 AM
Response to Original message
19. Cantor Makes "Good Teevee"
The corporates love someone who can stir the pot...piss people off...especially if its a repugnican. In recent years they've lost a lot of their favorite firebreathers as the GOOP lost elections and real power, thus Cantor has filled a void...he wants to be the next Gingrich...the "future" of the party. And he's got a lot of others riding on his coat tails...with a bench so thin, they can't afford to see him fail.

C'mon...when has hypocrisy or conflict of interest ever disqualified a repugnican. Hell...it's expected.
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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-18-09 09:53 AM
Response to Reply #19
21. But he be UGLIEEEEEEEE and just a circus clown, clueless
just a self-promoting clown.
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SpiralHawk Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-18-09 07:51 AM
Response to Original message
20. Republicon Homelanders get special treatment from corporate media
Just ask Jeff Gannon or Sen. Diaper Dave Vitter....
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AzDar Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-18-09 04:02 PM
Response to Original message
24. K & R
:kick:
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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-09 12:05 AM
Response to Reply #24
25. Yeah me too.
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