Maxine Waters' grandson is cited

Mikael Moore, who is also chief of staff for the L.A. congresswoman, was "actively involved" in trying to help out One United bank, which Waters' husband had a financial stake in. That's among the findings in a House Ethics Committee report. From the LAT:

Around the same time that Waters set up a September 2008 meeting between U.S. Treasury Department officials and representatives of minority-owned banks, her chief of staff, Mikael Moore, sent an e-mail to the staff of Rep. Barney Frank (D-Mass.), chairman of the House Financial Services Committee. According to the report, the subject of the e-mail was: "O[ne] U[nited] is in trouble.'" Three months later, Boston-based OneUnited, with branches in Massachusetts, Florida and Los Angeles County, received $12 million in bailout funds. If OneUnited had not received the aid from the Troubled Asset Relief Program, Waters' husband's financial interest in the bank would have been worthless, according to the House Ethics Committee's 10-page statement of alleged violations.