Glenn Beck on FOX News has an incredible and highly convoluted story about Chicago's ShoreBank, and how it became entangled with the business dealings of Barack Obama, the Chicago Climate Exchange, Al Gore, the Joyce Foundation, and other individuals and organizations. Michelle Malkin also has a few choice words about this shining example of crony capitalism at VDare.com. Understandably nervous Democratic leaders have blocked an investigation of this constellation of shady deals, according to Andrew Breitbart's Big Government.
UPDATE: Not surprisingly, federal regulators closed down ShoreBank, which will be absorbed by the Urban Partnership Bank, according to "The Street."
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