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Special treatment ran deep for OneUnited

A report by R. Jeffrey Smith of The Washington Post reveals that OneUnited Bank "received special treatment that went beyond what the Treasury Department or the bank and its political supporters have previously disclosed." Despite multiple internal warnings, Congress and regulators "broke with customary practices" to award the bank federal bailout funds. The story includes a timeline showing OneUnited's path to securing federal bailout money. It is one of only a few banks that have failed to make six consecutive TARP dividend payments to the federal government.

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