The holidays are with us. Maxine needs her trial to run quickly so she can get a verbal reprimand if guilty instead of having the republicans give her a hard time.
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OneUnited did end up receiving $12 million in bailout money, in December 2008. But Treasury Department officials have told House investigators that Mrs. Waters was not involved in that decision.
The provision sought by Mrs. Waters — and inserted by Mr. Frank — told the Treasury Department that it should consider — for bailout money — banks that had an asset size of $1 billion or less, and whose size dropped to a lower range because they owned devalued, preferred stock in Fannie Mae and Freddie Mac.
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