Napolitan accuses Bush Adm of extortion

Judge Napolitano claims he spoke with the head of a bank who claims the Bush administration threatened them with an audit if they submit to accepting their share of TARP money.

“This person runs a bank that’s worth about $250 billion, it has no subprime loans, it has no bad debts, wasn’t involved in credit default swaps,” Napolitano said. “It didn’t need any money. It didn’t ask for the money and didn’t want it. The FDIC with Treasury backing – officials from both the Federal Deposit Insurance Corporation and the Treasury said if you don't take this money, we will conduct a multi-year public audit of you.”

Link to article

However, the judge is saying today on faux news that the person he spoke to doesn't want to come forward.

Assuming this is true, it really bites when no one will step forward and do their duty to help put these criminals behind bars.

Trying YouTube video:


If not, here's the URL.
www.youtube.com...




[edit on 2-4-2009 by JohnHolmes]

I saw that too. It should not be difficult to figure out which bank.

In bigger news, fascism has come home to roost.

with this type of accusation, you would think the Congress or Attorney General would investigate.

Or, is it TARP takers remorse?