Does it even really matter?

Well, doggone – it’s so you can’t swing a dead cat without hitting another one of these cases in the “most ethical Congress in history” anymore.

Maxine Waters, get ready for your close-up.

Ms. Waters and her husband have both held financial stakes in the bank. Until recently, her husband was a director. At the same time, Ms. Waters has publicly boosted OneUnited's executives and criticized its government regulators during congressional hearings. Last fall, she helped secure the bank a meeting with Treasury officials.

Her involvement isn't new. Ms. Waters has detailed her financial ties in a series of federal disclosure forms and has been vocal in public in support of the bank. Those ties, however, have received little public attention. Nor is it well known how the influential lawmaker has over the years acted to support the bank and its executives.

Such potential conflicts of interest are more serious as the banking system's crisis has led the government to take an increasingly active role in overseeing financial institutions, including OneUnited. The financial-services committee on which Ms. Waters sits oversees banking issues, and the lawmaker is a potential future chairman.

And here’s that video again. Yep. Whenever we hear people yammer for more regulation or less regulation we’re going to keep rolling this thing out to remind everybody that no matter which way you go, these are the people ultimately calling the shots.

Ladies and gentleman, in a taped encore performance from Capitol Hill…. Maxine Waters, Barney Frank and Franklin Raines!