Regardless of bailout, Gov. Perry has deep ties to one of TX’s largest banks

In his bid for the president, Governor Rick Perry has attacked the Troubled Asset Relief Program numerous times; calling it an “unprecedented assault on free markets.” However, The Dallas Morning News reports that the very bank Perry designated  for his campaign finances received more than $87 million in TARP money. That same bank, PlainsCapital, is ran by some of the largest and wealthiest Perry supporters in Texas.

The president of PlainsCapital Corp., the parent company, is James R. Huffines, a confidant of the governor.

Huffines, his three brothers and their father have contributed $467,000 to Perry campaigns, state records show. Huffines accounted for $32,000 of the total. He has also contributed $8,700 for campaign events.