Ashley Parker, New York Times, Nov. 19, 2010
A newly discovered exchange of e-mails led the House ethics committee on Friday to delay its trial of Representative Maxine Waters, a California Democrat accused of helping steer bailout money to a bank in which her husband owned shares.
The e-mails show that Mr. Moore was actively engaged in discussing with committee members details of a bank bailout bill apparently after Ms. Waters agreed to refrain from advocating on the bank’s behalf. The bailout bill had provisions that ultimately benefited OneUnited, a minority-owned bank in which her husband, Sidney Williams, owned about $350,000 in shares.
“[The emails] may directly contradict a bit of Maxine’s story, if not the actual facts, the way she has told it,” said the person, who did not want to be identified because of the sensitivity of the trial.