JW Sues Treasury for Records on TARP Funds Distributed to Boston Bank after Intervention by Rep. Bar

08-22-2009 • Judicial Watch

Barney Frank is no stranger to scandal. As you may recall, Judicial Watch uncovered documents proving that Frank was well aware of massive problems at Fannie Mae and Freddie Mac, even while he blocked attempts by Congress to rein them in. Frank, of course, has been the beneficiary of tens of thousands of dollars from the two mortgage giants over the last decade in campaign contributions, which might help explain why he allowed the Fannie and Freddie to run wild. (As you may recall, just weeks ago, Frank called on Fannie and Freddie to relax mortgage standards yet again, even though such risky lending practices facilitated the collapse of the economy.) Now there is a fresh influence peddling scandal brewing, this time involving the allocation of funds from TARP (Troubled Asset Relief Program).

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