Party of the rich

Who does Barney Frank represent?

U.S. Rep. Barney Frank yesterday defended helping Boston’s OneUnited Bank land $12 million in federal funding, despite regulatory complaints its executives were getting “excessive” pay and even a Porshe for its CEO.

Frank, head of the powerful House Financial Services Committee, acknowledged that last fall he inserted into the government’s $700 billion Troubled Assets Relief Program bill specific language to help OneUnited, New England’s only black-owned bank.

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