http://www.politico.com/news/stories/0810/40817.html
he House ethics committee released its formal charges against Rep. Maxine Waters Monday, accusing her of three counts of violating the letter and spirit of House rules and federal regulations by assisting a bank in which her husband owned stock.
The 10-page "Statement of Alleged Violation" focuses on the actions of Waters and Mikael Moore, who is the congresswoman's chief of staff and her grandson, and tracks very closely with the year-old findings of the independent Office of Congressional Ethics.
Waters is accused of improperly intervening on behalf of OneUnited, a minority-owned bank in which her husband held stock worth roughly $350,000. The federal government's Sept. 7, 2008, takeover of mortgage-lending giants Fannie Mae and Freddie Mac threatened to sink the bank, which was heavily invested in the twin titans of the secondary home-mortgage market.
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