Accountability has just stuck a hand out from it's shallow grave

[ck4829]

There has been an arrest over corporate welfare fraud.

Thought you'd never see "arrest" and "corporate welfare" in the same sentence, huh?

"The former president of New York's privately held Park Avenue Bank was arrested and charged on Monday with being the first person to attempt to steal from U.S. government bailout funds in the financial crisis.

A 10-count criminal complaint accused Charles Antonucci of devising "an elaborate round-trip loan transaction" that he told others was his own $6.5 million investment in the bank, misleading state bank regulators and the Federal Deposit Insurance Corporation (FDIC).

The charges filed in Manhattan federal court said Charles Antonucci "made material and false statements" in the bank's application for $11.2 million from TARP, the Troubled Asset Relief Program.

"Antonucci is the first person ever to be charged with attempting to defraud the TARP and we expect he will not be the last," Manhattan U.S. Attorney Preet Bharara said at a news conference."

http://news.yahoo.com/s/nm/20100315/us_nm/us_parkavenuebank

"Obama is trying to treat people who get welfare and people who get corporate welfare the same, that means he's a socialist! Socialist! SOCIALIST! SOCIALIST!!!!!111!!!" in 3... 2... 1...