If Calabria is granted chartering authority as he wants, he is free to award competing Federal charter benefits to every big bank he selects who then become set up to pillage Fannie Mae's and Freddie Mac's businesses and profits. He'l become the Most Wanted Man on the American Banker's list of biggest lobbying perks list.
Vacations? Paid speaking engagements? Golf Club membership? Season Redskins tickets? Private wine cellar bin at the Georgetown Morton's Steakhouse?
NO PROBLEM.
At least all Mel Watt ever asked for was a peek at a butterfly tattoo, as far as I know.
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