Personally Invested In Mortgage Banks, Cantor Opposes Fix For 'Foreclosthinkprogress.org
Personally Invested In Mortgage Banks, Cantor Opposes Fix For 'Foreclos
Made popular 949 days ago in Politics
thinkprogress.org — However, most Republicans have balked at any attempt to seriously respond to the banks' fraudulent foreclosures. In particular, House Minority Whip Rep. Eric Cantor (R-VA) said last Sunday that he opposed any efforts to expand a moratorium on foreclosures. "Now, come on, people have to take responsibility for themselves," said Cantor, adding, "We don't need government intervening in every step of every aspect of this economy." But as Cantor runs defense for the mortgage banks, his extremely close ties to the industry present a clear conflict of interest:

- Many of Cantor's top contributors are financial companies and lobbyists for the mortgage banking industry. Mortgage banks like Bank of America, Capital One, and Hartford Financial have contributed over $100,000 to Cantor's two political action committees, and the Mortgage Bankers Association, a trade group of mortgage banker lobbyists, pitched in $23,500.

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Posted by JBeal
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Should Senators and Rep. recuse themselves when they are in a position of conflict of interest?
Yes
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james2044
Posted 949 days ago
0 up votes, 0 down votes
thinkprogressive.org runs another set of attack stories for those off their meds!

They don't mention Frnak & Obama taking care of freddie & Fannie.

They don't note that Frank said everything was OK and theur was nothing to worry about either.
lastbaldeagle
Posted 949 days ago
0 up votes, 0 down votes
When democRAT/Progressive/Liberal supporters start chastising the ethical crooks like Dodd and Frank I might take their criticism a little more seriously. From what I have seen they left cares less for criminal activity and ethical lapses if it involves their favorite politicians. Conservatives are happy to see ALL CRIMINALS kicked out of office and put away!
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