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View Full Version : Specter's 'reluctant' vote helped firm with ties to his wife




Krugerrand
02-26-2009, 07:59 AM
Nice to see who good old Arlen is looking out for.
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http://www.pittsburghlive.com/x/pittsburghtrib/news/s_613465.html

Delaware-based bank holding company that counts the senator's wife as a nearly decade-long director got a $45.2 million infusion from the bill.

Joan Specter has been a director of the firm or its predecessors since 1999, according to company filings with the Securities and Exchange Commission.

A Bancorp recent filing with the SEC shows that Joan Specter, a former Philadelphia City Council member, was paid $32,500 during the past year as an outside director. She holds options on 5,374 shares of stock in Bancorp, a company that reported assets of $1.83 billion as of Dec. 31.
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